Following UBS’ move, the industry expects “hundreds” more funds to make the transition from offshore vehicles to onshore Icavs in the next six months. (Photograph: Eric Luke / THE IRISH TIMES)

UBS has shifted a fund of hedge funds onshore to Ireland from the Cayman Islands, delivering another blow to the reputation of the Caribbean tax have(...)

China’s August industrial production posted slightly better year on year growth at 6.1 per cent, but still below what markets were expecting. Photograph: Reuters

Boosting China’s flagging economic growth is a hot topic all around the country right now, from the mom’n’pop noodle shops in the countryside to the W(...)

Philip Jansen is one of about 230 managers who will share in a pot of £350 million if the company reaches its £3.5 billion market capitalisation target.

The chief executive of Worldpay, the private-equity owned UK payments processor, is due to receive a £50 million payout after the company’s stock mark(...)

One colleague said he knew he was a good father because his grown-up children liked his company enough to go on holiday with him

Am I a good father? Last week online readers of the Financial Times, Bloomberg and the Wall Street Journal were accosted by this question in a big whi(...)

Iseq heavyweight CRH had another good day. Photograph: Brenda Fitzsimons

European shares eased back yesterday, having already recouped nearly all their losses from a bruising 8 per cent drop earlier this week, with markets(...)

The arrangements using charities are part of tax-efficient structured finance deals aimed at attracting the institutions to set up “special purpose vehicles”in Ireland to house the high-risk assets. A team of economists from the Central Bank last month published a report on the use of these types of structures

Matheson, Ireland’s biggest corporate tax firm, uses three charities registered to “relieve poverty and distress” to help hedge funds and banks pay le(...)

China crisis: an investor at a brokerage house in Shanghai yesterday. Photograph: Aly Song/Reuters

The vertigo-inducing declines in stock prices were chalked down as China’s Black Monday. The country’s benchmark index, the Shanghai Composite, clo(...)

 Salesforce cheif executive  Marc Benioff has been targeting the company’s web-based technology at larger customers. Photograph: Justin Sullivan/Getty

Salesforce raised its sales forecast for fiscal 2016 a third time as revenue rose for the company’s new products. Shares gained as much as 2.8 per cen(...)

FBD closed 7.6 per cent up at €6.90 after falling by a similar margin in the previous session

European stocks slipped yesterday to record their worst week in more than a month, in the wake of China’s currency devaluation. The euro zone’s blue-c(...)

JP Morgan Chase: one of the top five US banks that are moving ahead of their European rivals in global investment banking. Photograph: Stan Honda/AFP/Getty Images

US banks are moving ahead of their European rivals in global investment banking, taking advantage of strategic upheavals and concerns over capital to (...)