Prime Minister David Cameron  at the launch of the ‘Brighter Future In’ campaign bus at Exeter University in Devon, after he said he will “make no apology” for spending taxpayers’ money on a pro-EU publicity drive ahead of the referendum on Britain’s future membership.  Photograph: Dan Kitwood/PA Wire

Investors sceptical of low-conviction rally With global equities gaining 15 per cent and Wall Street staging its eighth largest intra- quarter reversa(...)

German banks  came to Dublin to avail of the IFSC 10 per cent corporation tax regime in the 1990s. Photograph: Bryan O’Brien/The Irish Times

DZ Bank Ireland, the Irish subsidiary of German bank DZ Bank, has become the latest former IFSC bank to hand back its banking licence and close its D(...)

Traders work on the floor of the New York Stock Exchange. Photograph: REUTERS/Lucas Jackson

Stocks propped up by buybacks binge The US bull market is looking dangerously dependent on corporate buybacks. Although the S&P 500 has soared, i(...)

A bronze “Charging Bull” statue in New York’s financial district. Photograph:  REUTERS/Brendan McDermid

Tired bull market turns seven The US bull market celebrated its seventh birthday last week, but there’s precious little exuberance surrounding history(...)

Building materials group CRH declined in line with rivals, falling roughly 3 per cent, to €22.42

Stocks across the globe fell the most in three weeks yesterday, tracking oil prices lower, while the first contraction in the US services sector since(...)

Traders work on the floor of the New York Stock Exchange. Photograph: Michael Nagle/Bloomberg

Market bottom or a bear market rally? Stocks staged an impressive rally last week, enjoying their biggest three-day gain since August. Have equity mar(...)

Kevin Cardiff told taoiseach Brian Cowen that Anglo should be taken over by the State and ‘soft’ guarantees made for other banks. Photograph: Gareth Chaney/Collins

Kevin Cardiff was second secretary general of the Department of Finance from 2006 to 2010 and secretary general from 2010 to February 2012; he joined(...)

The Central Bank was legally prohibited from providing emergency liquidity to an insolvent institution

A scoping paper produced in the Department of Finance in January 2008 considered potential guarantee options, nationalisation and letters of comfort f(...)

A specialist trader looks at his screen on the floor of the New York Stock Exchange. Photograph: REUTERS/Brendan McDermid

Sell on the bounce Market sentiment may be awful but investors are not yet “max bearish”, indicating any bounces should be sold. So says Merrill Lync(...)

Jamie Heaslip: has a finger in many different commercial pies. Photograph: Donall Farmer/Inpho

Leinster and Ireland rugby star Jamie Heaslip, who was this week appointed vice-captain of the international squad ahead of the Six Nations, has also (...)