‘Distressed’ property: Cerberus specialises in buying loans at heavy discounts secured against properties whose value has fallen dramatically. Photograph: Garry O’Neill

While it is not known yet whether US company Cerberus intends using the Republic as a base from which to manage the £13 billion (€18.5 billion(...)

Traders are pictured at their desks in front of the DAX board at the stock exchange in Frankfurt, Germany. Photograph: Reuters

European shares hit fresh three-month highs yesterday, rising in thin trade as expectations grew for aggressive European Central Bank (ECB) (...)

Malin Head: a good place to watch the Northern Lights from

This circular walk around Malin Head, the northernmost point of Ireland, starts at the car park close to Lloyd’s Tower, at the highest part of(...)

Sir Anthony O’Reilly (right) with his son Gavin O’Reilly, pictured in 2008. Photograph: Alan Betson.

A meeting of creditors of Sir Anthony O’Reilly to see if a formal deal can be reached on the sale of his assets and the division of the proceeds is l(...)

Report questions the risk assessment behind BOSI’s rapid expansion Photograph: Cyril Byrne/The Irish Times

The decision to aggressively expand Bank of Scotland Ireland’s branch network from the beginning of 2006 was a “blueprint for rapid uncontrolled growt(...)

HBOS, which owned Halifax, was eventually taken over by Lloyds Photograph: Reuters

As many as 10 former HBOS executives could be banned from working in the UK financial services industry, following recommendations to re-open investig(...)

Bank of England regulators will publish a 500-page report into what went wrong at HBOS. Photograph: Suzanne Plunkett/Reuters

More than seven years after it was bailed out by the British government at the height of the banking crisis, HBOS will once again be dominating the he(...)

US company Cerberus bought the £300 million-plus owed by Paddy Kearney’s Kilmona Holdings from Nama as part of last year’s controversial Project Eagle deal. Photograph: Cyril Byrne

Developer Paddy Kearney’s property business had the interest payments on its loans slashed during the time that State agency Nama held the debt, its a(...)

Ryanair rose by 3.2 per cent after a strong set of results in the six months to the end of September. Photograph: Andy Rain/EPA

The Iseq rose by 1.1 per cent as European shares had a positive start to the week after business surveys from around the euro zone beat expectations.(...)

Apple shares were higher  after it posted a strong earnings report, driven by iPhone sales. Shares of Apple gained 2.5 per cent in New York. Photograph: Paul Miller/EPA

US and European stocks rose on Wednesday ahead of the Federal Reserve’s decision, which investors hoped would clarify the central bank’s rate hike p(...)