The acquisition of one of the main independent investment advisers to credit unions should give Merrion a competitive foothold in the sector. Photograph: Thinkstock

Merrion Capital has acquired Le Chéile Financial Services, an investment adviser to the credit union sector, and has signalled that it plans a major (...)

The euro fell on Monday, hurt by uncertainty over whether a near-bankrupt Greece can secure more funding. Photo: Reuters

The euro fell on Monday, hurt by uncertainty over whether a near-bankrupt Greece can secure more funding as its European partners demanded tough refor(...)

Barclays may not pick its next chief executive until early next year, potentially leaving new Chairman John McFarlane in charge for at least eight mon(...)

The levy was initially introduced in 2011 not only to raise money but also to discourage banks from risky borrowing

Britain’s banks have called on the government to phase out the bank levy, saying it is damaging the competitiveness of the industry and causing them t(...)

Preliminary bids for the South Korean Tongyang Cement & Energy group are expected today and reports have suggested that CRH will  be among the suitors

European shares climbed yesterday, with car makers rising on encouraging company updates and Greek shares rebounding amid renewed hopes for a soluti(...)

Michael O’Leary of Ryanair: airline advanced 1.7 per cent to €11.75. Photograph: Dave Meehan

European and US shares rebounded after several negative days of trading, amid optimism that Greece will reach a deal with its creditors. In Europe, s(...)

De Beers, the world’s biggest diamond producer, to cut output from 34 to 30 million carats this year as demand drops. Photograph: Reuters.

De Beers, the world’s biggest diamond producer, cut its output target for the year as demand for the gems weakens and prices fell for a second quarter(...)

The data also show the five banks set aside a little less than £10billion to deal with fines, conduct and other litigation costs last year

The UK’s five largest banks cut bonus pools by more than £1billion last year and most also reduced pay and staff numbers, according to Financial Times(...)

Fyffes, the banana distributor, slipped more than 1.5 per cent to close the day at €1.17 per share. Photograph: Simon Dawson/Bloomberg

The Dublin stock exchange reached its highest level since 2008, climbing 1.1 per cent.Shares rose across most of Europe, building on their best start(...)

Ryanair: the low-cost carrier saw its shares fall 7 cent to €9.96, which was roughly in line with other airline stocks. Photograph: Andy Rain/EPA

EOIN BURKE-KENNEDY Major European share indexes climbed to new multi-year highs, with the world’s largest brewer, Anheuser-Busch InBev, leading the f(...)