Royal Bank of Scotland said in May it had sold its last major portfolio of Northern Ireland-backed loans, Project Rathlin, to Cerberus. Photograph: Chris Ratcliffe/Bloomberg

Cerberus, the US company that bought Nama’s Project Eagle portfolio of Northern Ireland loans, has used a network of Irish companies to snap up distr(...)

Bernard Byrne  succeeds David Duffy who will step down as chief executive and executive director with immediate effect.

AIB has formally announced the appointment of Bernard Byrne as chief executive. He succeeds David Duffy who will step down as chief executive and exec(...)

Members of the public wait to cast their votes at a polling station in Elvetham Heath in southern England, on May 7, 2015, as Britain holds a general election. (Photograph: ADRIAN DENNISADRIAN DENNIS/AFP/Getty Images)

Britain’s election campaign has left voters divided on their next government. That means an all-nighter for John Wraith, UBS Group AG’s head of UK rat(...)

Clydesdale Bank  has been fined £20.7 million by the Financial Conduct Authority in a record penalty relating to the bank’s “serious failings” in handling payment protection insurance (PPI) complaints.

Britain’s financial regulator has fined Clydesdale Bank a record £20.7 million for failings in how it handled insurance mis-selling claims, including (...)

 Stephen White, AIB’S group chief operating officer

Cantillon loves technology so it was interesting to get a tour this week from AIB’s chief operating officer Stephen White of its impressive Lab (it st(...)

A European Union flag, left, flies alongside a Greek national flag beneath the Parthenon temple on Acropolis Hill in Athens, Greece. Photographer: Yorgos Karahalis/Bloomberg

European stocks reversed early losses on Tuesday and yields on lower-rated euro zone bonds fell as investors reassessed the collapse of Greek debt tal(...)

Enda Kenny declined to say if the Government would now relax the wage cap. Photograph: Bloomberg

Taoiseach Enda Kenny said Government-imposed banker pay caps are a “constraint,” as the chief executive of state-owned AIB prepares to leave for a (...)

Only last June David Duffy had signed a permanent contract with AIB, having originally signed up in December 2011 on a fixed-term contract for three years

Last Friday evening, the directors of AIB were asked to dial into a conference call for word of an important announcement that the bank was going to m(...)

David Duffy joined AIB in December 2011 on a salary of €500,000, in line with the Government’s cap. He later volunteered a 15 per cent pay cut. Photograph: Aidan Crawley/Bloomberg

Clydesdale Bank’s announcement on January 6th that its chief executive David Thorburn was to stand down after four years in the role caused barely a r(...)

AIB CEO David Duffy speaking at AIB Bankcentre Ballsbridge in 2013. Photograph: David Sleator/The Irish Times

David Duffy’s decision to depart from the top job at AIB comes at an awkward time for the bank and for Minister for Finance, Michael Noonan. Just a we(...)