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(...)

The government imposed a salary cap of €500,000 at state owned AIB.

Outgoing AIB CEO David Duffy will likely see his salary increase significantly following his departure from the state-owned bank.Subject to the govern(...)

Plant manager Konstantin Rubin looks at rail tankers with base oil at Royal Dutch Shell’s lubricants blending plant in the town of Torzhok, north-west of Tver, Russia. Photograph: Sergei Karpukhin/Reuters

Brent crude held above $72 a barrel after hitting a new four year low earlier in the day after Opec decided not to cut oil output to support prices. (...)

Lloyds, which also owns Bank of Scotland, could set out its HQ plans in a strategic review due to be announced late next month or early November

Scotland-based Lloyds Banking Group left the door open for a move to London amid uncertainty over the future shape of the United Kingdom despite Scott(...)

Mario Draghi, president of the European Central Bank (ECB), pauses during a news conference earlier this month. Photographer: Jasper Juinen/Bloomberg

The euro touched a fresh three-month low against the dollar today as investors awaited comments from European Central Bank chief Mario Draghi and dig(...)

The Elan Corporation pharmaceutical plant in Athlone. A US federal judge has been asked to dismiss two insider trading charges tied to sales of Elan’s US depositary receipts. Photograph: John Cogill/Bloomberg News

Former SAC Capital Advisors portfolio manager Mathew Martoma has urged a federal judge to dismiss two insider trading charges tied to his firm’s sales(...)