The share sale will dilute Denis O’Brien’s holding in Digicel, but the flotation document indicates that he will keep control of the business. Photograph: Dara Mac Dónaill

Businessman Denis O’Brien is to float his mobile phone business Digicel on the New York Stock Exchange in three to four months time, raising hundreds (...)

Central Bank of Ireland chief Patrick Honohan said by September 2008, more than 90 per cent of the costs of the boom and bust had “become unavoidable”. File photograph: Getty Images

We should be used to them by now, but the figures relating to the Irish banking and economic crash still have the power to shock. At the Oireachtas Ba(...)

Philip Smith  claimed he was made the ‘fall guy’ by RSA when certain issues emerged at the Irish business in October 2013. Photograph: Gareth Chaney/Collins

Ireland’s biggest insurance company RSA plans to appeal the €1.25 million award by the Employment Appeals Tribunal (EAT) to its former chief executive(...)

Speaking at the Oireachtas Banking Inquiry  on Wednesday, Con Horan said he was “sorry the system of supervision did not prevent the collapse of the banking system”. Screengrab: Oireachtas TV

The former prudential director at the Irish financial regulator expressed his “deep regret” that there wasn’t a more “intrusive” approach taken to pre(...)

John Hurley appearing at the Oireachtas banking inquiry on Thursday.  John Hurley at the Oireachtas banking inquiry on Thursday.

Liquidating one of the Irish banks was “not an option” on the night of the bank guarantee in September 29th 2008, the former Central Bank of Ireland g(...)

Former RSA Ireland chief executive Philip Smith. He  “had to be a fall guy to satisfy the various outside interests”, his barrister claimed. Photograph: Dave Meehan

The Employment Appeals Tribunal (EAT) heard yesterday that Philip Smith, the former chief executive of RSA Ireland, was made the “fall guy” for wid(...)

Ulster Bank said on Monday that it is seeking to engage with about 2,000 mortgage arrears customers. It said it won’t seek to repossess a  home if the borrower engages with the bank and it can agree a solution or outcome. (Photograph: Alan Betson / The Irish Times)

About 2,000 Ulster Bank mortgage arrears customers who have yet to engage with the bank about a possible restructuring of their loan are to receive a(...)

 Patrick Honohan arriving at the  Oireachtas banking inquiry in January. He later wrote asking to ‘rephrase’ some of his comments. Photograph: Alan Betson

The banking inquiry is set to recall Central Bank governor Patrick Honohan to reappear before it because of his written request to amend evidence he g(...)

John Fitzgerald, research affiliate at the ESRI, said that the ESRI did not draw the connection between the growth of a property market bubble and the risks to the Irish financial system. (Photograph: Alan Betson / The Irish Times) 2:06

The ESRI failed to forecast the financial collapse in 2008, economist John FitzGerald told the Oireachtas Banking Inquiry today.He said the ESRI did n(...)

Figures from the Department of Finance show almost 95,000 loans in arrears. Photograph: Frank Miller/The Irish Times

The level of owner-occupied and buy-to-let mortage arrears in Ireland continues to decline, according to latest data from the Department of Finance. T(...)