Clydesdale Bank  has been fined £20.7 million by the Financial Conduct Authority in a record penalty relating to the bank’s “serious failings” in handling payment protection insurance (PPI) complaints.

Britain’s financial regulator has fined Clydesdale Bank a record £20.7 million for failings in how it handled insurance mis-selling claims, including (...)

Hugo McNeill, former Irish full back and head of Goldman Sach’s operations in Ireland; Rob Kearney, current full back and Mark Cunningham, managing director of business banking at Bank of Ireland, at The Irish Times/Potentialife Be Your Best event. Photograph: Cyril Byrne/The Irish Times

Friday afternoons are not well known for peak concentration levels so it was perhaps a little ambitious of The Irish Times/Potentialife team to sch(...)

 Stephen White, AIB’S group chief operating officer

Cantillon loves technology so it was interesting to get a tour this week from AIB’s chief operating officer Stephen White of its impressive Lab (it st(...)

 David Duffy, AIB’s outgoing chief executive: Fianna Fáil’s finance spokesman Michael McGrath said AIB needed to “cast the net far and wide in the search for a top calibre candidate” to replace him. Photograph: Eric Luke

Fianna Fáil is prepared to support the payment of a long-term bonus to the new chief executive of AIB if the candidate commits to a minimum five-yea(...)

 In an interview with the Financial Times, the chancellor of the exchequer described the stake in Royal Bank of Scotland as “massive”. Photograph: Anthony Devlin/PA Wire

As Michael Noonan evaluates options to get a return for the State on its €20.8 billion bailout of AIB, his UK counterpart, George Osborne, has given a(...)

 David Duffy: When he joined AIB in 2011 his job was to stabilise a bank that was in disarray at board level and at loggerheads with the Government, its key shareholder.  Photograph: Eric Luke

Whatever the reasons for his departure to run Clydesdale Bank from Glasgow, David Duffy has timed his exit from AIB nicely. After a little more tha(...)

The one question that hasn’t been answered is who will replace David Duffy as chief executive

Another week and another Irish bank is back in profit for the first time since the financial crash in 2008.The theme had already been established by U(...)

AIB said the number of Irish owner occupied mortgage accounts in arrears declined by 22 per cent during the year

AIB chairman Richard Pym has said the bank is looking at both internal and external candidates to succeed David Duffy as chief executive, and that it (...)

Complicated: the research stretched back to the early 18th century, long before property records were reliable. Manuscript map of Dublin in the late 17th century courtesy of the National Library of Ireland

Prices tell stories. We have all heard the one that starts with “Back in my day”, then describes what petrol or sweets or a house cost years ago. In t(...)

The State owns 99.8 per cent of AIB’s ordinary shares and also holds €3.5 billion in preference shares and €1.6 billion in contingent capital notes

AIB has appointed leading Irish law firm McCann Fitzgerald to advise it on its proposed capital restructuring and “other related matters” connected (...)