UBS Group will pay $545 million to settle US investigations into its role in manipulating currency and interest rates. Photo: Bloomberg

UBS Group will pay $545 million to settle US investigations into its role in manipulating currency and interest rates, removing two of the bank’s bigg(...)

 Minister for Finance Michael Noonan relayed message on interest rates to AIB, Ulster Bank and ACC when they met  yesterday. Photograph: Gareth Chaney/Collins

The Government is believed to want some signal from the banks they will assist customers in availing of lower variable interest rates within six to ei(...)

In Dublin, Aer Lingus stock was up slightly but Ryanair fell by 1.8% as speculation about an IAG bid returns. Photograph: Eric Luke

The dollar bounced back from four-month lows, while Greek bond yields jumped on worries the country would not be able to make its debt payments.Wall (...)

A number of high-profile hotel and leisure assets are connected with the portfolio, including the Lyrath Estate Hotel in Kilkenny (pictured) and the Regency Hotel in Drumcondra in Dublin. Photograph: Dylan Vaughan

Lloyds Banking Group is planning to sell €4.2 billion of face value legacy loans connected with Ireland in what will be one of the biggest such real e(...)

Ulster Bank Group Headquarters

Ulster Bank has begun writing to thousands of account holders who had their loans with the institution sold to a third party late last year to advise(...)

Deloitte Ireland carried out audits of Ulster Bank with “due care and diligence”, but responsibility for maintaining the stability of the banking sect(...)

Britain’s remaining stake in Lloyds is valued at about £12 billion, based on current share prices

Britain has sold another £500 million worth of shares in Lloyds Banking Group and has now raised more than £10 billion through the sale of more than(...)

 Traders on the floor of the New York Stock Exchange yesterday. Positive jobs reports sent the Dow Jones Industrial Average sharply higher. Photograph: Getty Images

European shares posted this year’s biggest advance, buoyed by a surprise election win for the British Conservative party and improving US jobs data.In(...)

The FTSE 100 Index surged by as much as 2 per cent on Friday after a better-than-expected election performance for the Conservatives cheered the City. Sterling jumped the most since 2009 against the euro, and climbed at least 0.9 per cent versus its 16 major peers. Photograph:  Tim Ireland/PA Wire.

The FTSE 100 Index surged by as much as 2 per cent on Friday after a better-than-expected election performance for the Conservatives cheered the City(...)

Former Ulster Bank executives Michael Torpey (left) and Robert Gallagher speaking at the Oireachtas banking inquiry on Thursday

The former head of corporate markets at Ulster Bank told the Oireachtas Banking Inquiry today that he has “no doubt” that the domestic Irish financial(...)