Bank of America  building in Chicago: The “living will” plans   are intended to prevent more taxpayer bailouts of big institutions and the kind of chaos sparked by the 2008 collapse of Lehman Brothers. Photograph: Christopher Dilts/Bloomberg

Five big US banks including JPMorgan Chase and Bank of America have been warned by regulators to reform or face harsh sanctions after their plans to (...)

The largest Irish intermediary named in the Panama Papers is the Pegasus Trust/Laburnum Finance operation at Number 30 Botanic Avenue, Drumcondra, Dublin. Photograph: Colin Keegan/Collins

There are 323 companies in the leaked Mossack Fonseca files associated with addresses in Ireland, mostly by way of the intermediaries that acted for (...)

Some 20 students from University College Cork will join the programme. Photograph: Gavin Browne

International bank State Street is linking up with University College Cork (UCC) and Zhejiang University (ZJU) in eastern China to set up an R&D f(...)

Douglas Newman Good Commercial, which has recently been seeking offers for Exchequer Chambers in Dublin, has been acquired by Lambert Smith Hampton

Property agent Lambert Smith Hampton has acquired rival Douglas Newman Good Commercial for an undisclosed sum. Founded by Edmund Douglas in 1993, Doug(...)

Bob Keogh has previously worked with PwC and Goldman Sachs

Bob Keogh, from Terenure, has been in and out of Ireland over the years since he left the Smurfit Business School, but is now based in Hong Kong where(...)

State Street chief executive Joseph Hooley has relied on a combination of cost-savings and stock market gains to overcome the impact of low interest rates

State Street said first-quarter profit rose 5.9 per cent on higher fee revenue and income from foreign exchange trading. Net income increased to $377 (...)

In the US, almost $92 billion was withdrawn from active funds last year, while passive funds attracted inflows of $156 billion. In the UK, money flowed into passive funds but more than $17 billion was pulled from active funds. Photograph: Spencer Platt/Getty Images

If you can’t beat the market, track it. That’s the stance increasingly being taken by ordinary investors who, disillusioned by fund managers’ horrific(...)

Pan-European indices have advanced just 3 per cent in 2014, compared with double- digit percentage gains in the United States. Might 2015 see a revers(...)

NDRC chief executive  Ben Hurley. Photograph: Alan Betson

NDRC’s technology start-up programme aimed at the financial services sector has named its first winner with Excel Rollup taking the top honours at Fi(...)

Aerial show: Sergei Lupashin demonstrates the Fotokite, a tethered, remote-controlled camera, to Susan Dargan, head of global services at State Street Ireland. photograph: jason clarke

Standing in front of a room of people in suits is not Sergei Lupashin’s regular Monday morning routine. The aerial robotics researcher and entrepreneu(...)