UK chancellor of the exchequer George Osborne. He is to sell some of government’s stake in Lloyds.

UK chancellor of the exchequer George Osborne said his government will cut its stake in Lloyds banking group in the run-up to May’s general election, (...)

Permanent TSB: PTSB is currently in the process of formulating a plan to plug an €855 million capital deficit identified by the European Central Bank in stress tests earlier this year. Photograph: Alan Betson/The Irish Times

Permanent TSB has put two large portfolios of non-core commercial real estate loans up for sale. The loans have a combined face value of €1.5 billion (...)

Ulster Bank headquarters in Dublin. Photograph: Frank Miller

Ulster Bank plans to capitalise on the bounce-back in consumer spending by making a big push into the consumer finance market through the issue of mo(...)

The euro neared a two-year low against the dollar on Monday as investors bet the European Central Bank would ease monetary policy more aggressively. Photo: Bloomberg

The euro neared a two-year low against the dollar on Monday as investors bet the European Central Bank would ease monetary policy more aggressively to(...)

An anti-government demonstration in   Sao Paulo recently. Photograph: EPA/Aaron Cadena Ovalle

During her re-election bid Brazil’s president Dilma Rousseff made great political capital by attacking her country’s elite, bankers, The Economist and(...)

Jacques Gabillon, head of the global commodities principal investments group at Goldman Sachs Group, swears in to a Senate permanent subcommittee on investigations hearing in Washington, DC, today. Photograph: Andrew Harrer/Bloomberg

Goldman Sachs took the lead today in rejecting allegations by a powerful US Senate subcommittee that Wall Street banks were exploiting physical com(...)

Martin Wheatley, chief executive officer of the UK Financial Conduct Authority (FCA), speaks during a news conference following an announcement by the FCA, the Commodity Futures Trading Commission and the Swiss Financial Market Supervisory Authority yesterday, about penalties given to five banks following a global foreign-exchange rigging probe. The FCA said its fines relate to “ineffective” controls at UBS, Citigroup, JPMorgan Chase, Royal Bank of Scotland Group, and HSBC,  that allowed the banks to put their “interests ahead of those of their clients, other market participants and the wider UK financial system.” (Photograph: Matthew Lloyd/Bloomberg)

In an early morning chat, three senior currency traders at some of the world’s biggest banks weighed the pros and cons of admitting a fourth member(...)

From left, Miriam Gonzáles Durántez’s red Zara dress (2013); white Vivienne Westwood dress belonging to Shami Chakrabarti; Anne Hidalgo’s black wool Rech Paris suit with white silk blouse and wool scarf, worn the night she was elected mayor of Paris; Camila Batmanghelidjh’s Magbule Mulla cotton dress; Princess Charlene of Monaco’s racing car dress and dove-grey evening dress, both designed by Akris

What do the world’s most powerful women have in common? It’s not necessarily their acumen or intelligence. Often, it’s a distinct physical signifie(...)

Ireland is fully pre-funded through to the end of 2016 after resuming regular bond auctions this year

The National Treasury Management Agency (NTMA) received over €8 billion of bids for a new 15-year bond it was selling via syndication on Tuesday as i(...)

People are seen in front of the Monte dei Paschi di Siena bank headquarters in downtown Siena. Italy’s Monte dei Paschi di Siena is the bank with the biggest capital shortfall among euro zone lenders. Photo: Reuters

European stocks dipped on Monday as investors seeing a key index of German business sentiment hit its lowest level in almost two years decided to boo(...)