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 (...)

The bull and bear statues outside the Frankfurt Stock Exchange in Germany. Photograph: Ralph Orlowski/Getty Images

The S&P 500, having endured its worst-ever beginning to a year, has suffered a double-digit correction since hitting all-time highs last May. Afte(...)

Julius Baer, the third-largest Swiss wealth manager, is beefing up its Irish operation as it primes itself for long-term growth in Dublin.  (Photograph: Valentin Flauraud/Bloomberg)

Switzerland’s third-largest wealth manager Julius Baer is beefing up its Irish operation as it primes itself for long-term growth in Dublin. On Mond(...)

Morgan Stanley’s new president Colm Kelleher

Irish man Colm Kelleher has been promoted to president of global financial services giant Morgan Stanley, placing him in pole position to replace cur(...)

Billionaire investor Warren Buffett: shares in Berkshire Hathaway fell 11 per cent last year. Photograph: Bill Pugliano/Getty Images

Wall Street strategists have been unusually muted regarding prospects for US equities in 2016. Instead, they’re gung-ho for Europe, predicting gains o(...)

Traders work on the floor of the New York Stock Exchange as the Federal Reserve raised interest rates for the first time in almost a decade recently.  Photograph: Michael Nagle/Bloomberg

Fed message was hawkish, not dovish This year has been dominated by chatter as to when the Federal Reserve would finally raise interest rates. Now tha(...)

Martin Shkreli,  was arrested on alleged securities fraud. Photograph: Bloomberg

Martin Shkreli, a lightning rod for growing outrage over soaring prescription drug prices, was arrested in New York by the FBI on Thursday on securiti(...)

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

Pace of rate hikes key for stocks The most long-awaited interest rate hike in history will surely come next week, with the Federal Reserve expected to(...)