Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, German.

Stock indices on Wall Street and across Europe are slipping back in a muted start to trade in a week when sentiment is likely to remain in thrall to c(...)

CYBG chief executive  David Duffy insists pay is not a motivating factor in his life. Photograph: Joanne O’Brien David Duffy, banker at London HQ for CYBG, 5.4.2016 Photographer Joanne O'Brien 0044 7973326942

It’s day two of CYBG’s tenancy of the Leadenhall Building in London, otherwise known as the Cheesegrater, and the group’s Irish chief executive, Davi(...)

Former AIB chief executive David Duffy said: “If you’re doing an IPO and expecting investors to put up money for a €15 billion or €20 billion [value] IPO . . . they like management to be as exposed to the performance of the bank as they are.”

Former AIB chief executive David Duffy believes potential investors in a flotation of the bank’s shares would want its executives locked in to a long(...)

Japan’s Nikkei 225 lost 0.9 per cent and Australia’s commodity-rich S&P/ASX 200 shed 2.1 per cent. Hong Kong’s Hang Seng fell 1.2 per cent though, on the mainland, China’s Shanghai Composite was an outlier with an advance of 0.9 per cent as infrastructure shares firmed on hopes for more investment by Beijing.

European stocks are retreating following a soft Asian session as markets remain in thrall to oil prices. The price of Brent crude, the international (...)

A Rosneft oil facility near the Russian Siberian city of Krasnoyarsk. Oil prices rose on hopes a meeting in Doha between important crude producers could lead to output cuts designed to tackle a global glut.

US and European equity gauges are firm and oil prices are extending recent gains as the latest rally in risk assets continues. However, pockets of ca(...)

Clydesdale shares were priced at 180 pence

Shares in Clydesdale Bank,which is run by Irish man and former AIB chief executive David Duffy, rose as much as 2.4 per cent in early trading on Wedne(...)

It will require a major charm offensive by David Duffy-led Clydesdale Bank in the coming weeks to get this one across the line

The starting gun has been fired on the proposed IPO of the UK’s Clydesdale Bank, or CYBG plc, as it is being termed by its Australian parent company. (...)

Clydesdale Bank is run by Irishman and former AIB chief executive David Duffy

Shares in UK-based Clydesdale Bank, which is run by Irish man and former AIB chief executive David Duffy, will be offered at between 175 pence and 23(...)

Former AIB CEO David Duffy is in line for a substantial payday when Clydesdale Bank is spun out from National Australia Bank on February 2nd. (Photograph: Alan Betson / The Irish Times)

National Australia Bank has valued its UK unit, the Clydesdale Bank, at up to A$4.3 billion (€2.7 billion), according to IPO pricing terms. Clydesdale(...)

A street trader holds South African bank notes  in Durban. South Africa’s rand pared losses on January 11th, 2016 after dropping sharply in erratic Asian trade with dealers talking of Japanese sellers in a very illiquid market. South Africa’s currency has hit several record lows already this year on concerns about slowing growth in Africa’s most developed economy and in-line with weakness in other emerging markets. President Jacob Zuma said on Sunday that markets overreacted to his decision to change finance ministers twice in a week last month, comments likely to worry investors. (Photograph: Rogan Ward/Reuters)

World stocks fell to near 2-1/2 year lows on Monday as a fresh pounding for Chinese markets left Asia at a four-year trough and sent oil and commodit(...)