Fianna Fáil leader Micheál Martin with  finance spokesman Michael McGrath. The party would be prepared to support the payment of a long-term bonus to the new chief executive of AIB. Photograph: Gareth Chaney/Collins

Earlier this month, I reported that Fianna Fáil would be prepared to support the payment of a long-term bonus to the new chief executive of AIB to hel(...)

 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(...)

PTSB Group chief executive Jeremy Masding: the bank has offered 27,000 sustainable long-term solutions to its mortgage arrears customers

After months of speculation, Permanent TSB has confirmed that it will seek to raise €525 million from private investors, of which €400 million will be(...)

Chief executive Jeremy Masding said the core bank was “well placed to return to sustainable profitability on schedule.”

Permanent TSB plans to raise €525 million from private investors to fill the capital hole identified by the European Central Bank’s stress tests last (...)

PTSB Group chief executive Jeremy Masding: it appears that investors are warming to the idea of taking a punt on the company, helped   by the recent renaissance of the Irish economy. Photograph: Alan Betson/The Irish Times

AIB and Permanent TSB will publish their full-year results over the course of the next seven days and they should make for interesting reading. Both i(...)

International Airlines Group chief executive Willie Walsh: expected to make third bid for Aer Lingus this week.

Without it being a policy initiative as such, this could be the year of privatisation in Ireland. A third bid from International Airlines Group for Ae(...)

If PTSB gets €400 million for a 30 per cent stake, that would give the bank an implied value of €1.33 billion and, in turn, value the State’s holding at about €930 million. Photograph: Alan Betson

Michael Noonan’s view that taxpayers will get back every cent put into AIB, Bank of Ireland and Permanent TSB is a curious one in the case of the las(...)

PTSB’s cuts of up to 0.42 per cent in variable rates will be applied  to new customers and those on existing “managed” variable rates but not to those on the standard variable rate. Photograph: Alan Betson

The new year was less than a week old when Bank of Ireland and Permanent TSB lowered some of their mortgage interest rates. In PTSB’s case, cut(...)

PTSB Group chief executive Jeremy Masding at the Permanent TSB headquarters after the publication of pan-European stress tests by the European Central Bank.  Photograph: Alan Betson/The Irish Times

If 2014 was the year when the main banks in Ireland returned to profit, 2015 could be the one when AIB and Permanent TSB are returned, at least in par(...)

Patrick Honohan, governor of the Central Bank of Ireland: The average rate being charged by Irish banks is 4.51 per cent rather than the 3.47 per cent that has been stated previously in official figures. Photograph: Dara Mac Dónaill/The Irish Times

The appearance last week of Central Bank of Ireland governor Patrick Honohan before the Oireachtas finance committee was both revealing and somewhat d(...)