ECB vice-president Vitor Constancio: indicated the bank would  buy only the senior tranches of any package of mortgages or other assets offered to it. Photograph: EPA/Matteo Bazzi

The prospect of the ECB’s planning to buy mortgages and other assets from banks and providing Irish banks with a way out of the tracker mortgage dead (...)

Minister for Finance Michael Noonan told a conference on the future of European banking that ‘external prospects are at their most benign for Ireland for a number of years’. Photograph: Francois Lenoir/Reuters

Minister for Finance Michael Noonan said today the results of the recently-concluded asset review tests on Irish banks contained “no great surprises”(...)

The Minister for Finance Michael Noonan

Further injections of capital into AIB, Bank of Ireland and Permanent TSB “might prove unavoidable” the Irish Fiscal Advisory Council has warned in(...)

Permanent TSB chief executive Jeremy Masding. Photograph: Frank Miller/Irish Times

Permanent TSB, which is 99.2 per cent owned by the State, has promised to increase the number of products and services it offers to banking customers (...)

Permanent TSB chief executive Jeremy Masding: said he expected the “good bank” part of the financial institution to make a profit in 2014.

Permanent TSB is likely to sell its €6.9 billion UK residential mortgage book – comprising mostly buy-to-let loans – in tranches over a period begin(...)

Irish Life sold 23 Austin Friars in the City of London at a loss earlier this year

Irish Life, which was taken over earlier this year by Great West Lifeco of Canada, is facing up to 220 lawsuits from disgruntled investors who lost ne(...)

The Central Bank must submit the preliminary results of its balance sheet assessments of the Irish banks to European authorities by the end of October. Photograph: Matt Kavanagh

The Central Bank must submit the preliminary results of its balance sheet assessments of the Irish banks to European authorities by the end of October(...)

Minister for Finance Michael Noonan: banks must cut their cloth according to their measure, but he will  not dictate the specific terms of how they do it. Photograph: David Sleator

Minister for Finance Michael Noonan said his department was evaluating proposals from the three State-support(...)

  Permanent TSB  headquarters in Dublin. Photograph: Bryan O’Brien

The High Court has ruled that a director of Permanent TSB’s holding company is not entitled to an injunction that would prevent him from having(...)

Bank of Ireland’s employee renumeration bill will be reduced through a voluntary severence programme.

Staff at Bank of Ireland have been told that pay cuts are not planned as part of the 6 to 10 per cent reduction in total costs that the Govern(...)