Michael Noonan was also asked about staff shortages within the unit of the Central Bank that supervised the insurance sector. Photograph:  Eric Piermont/AFP/Getty Images

Just more than €1 billion of taxable income was sheltered from tax through the use of various property reliefs, Minister for Finance Michael Noona(...)

Fianna Fáil spokesman on finance Michael McGrath on the plinth at Leinster House. Photograph: Alan Betson/ The Irish Times

IBRC’s commercial loan book carried exceptionally low rates of interest on borrowings when the special liquidator was appointed to the bad bank, new (...)

Michael Noonan: Minister has said credit unions can apply to have their  restrictions reviewed. Photograph: Nick Bradshaw

Credit unions unhappy with lending restrictions can apply for a review of their conditions, Minister for Finance Michael Noonan has said. He defended (...)

Banking inquiry: The committee received a boost as the Government agreed to lift Cabinet confidentiality rules to allow a key witness, the former attorney general Paul Gallagher, to give evidence. Photograph: Getty Images

The alleged leaking of confidential correspondence from the Oireachtas banking inquiry is to be investigated by gardaí. The committee met in private s(...)

Kevin Cardiff: the senior banking official at the department on the night of the guarantee, September 29th, 2008, he is to appear before the committee on Thursday morning. Photograph: François Lenoir/Reuters

The banking inquiry is to meet today to discuss whether to pursue matter of the alleged leaking of official documents provided by a forthcoming cont(...)

Marie Louise O’Donnell: as her six guests looked on, McGrath allegedly accused O’Donnell (who has a long-running weekly radio slot on RTÉ’s ‘Today with Seán O’Rourke’ programme) of “double-jobbing” and taking the bread from the mouths of working journalists

Revenge, they say, is a dish best served cold. Mattie McGrath discovered this to his cost on Thursday morning when he was eaten alive by a Senator (...)

Fianna Fáil finance spokesman Michael McGrath wrote earlier this week to banking inquiry chairman Ciarán Lynch contending that Denis O’Brien should appear as a witness.

The Banking Inquiry will discuss a suggestion on Tuesday that businessman Denis O’Brien be called as a witness before the summer recess. The idea came(...)

Former chairman of the Irish Financial Services Regulator Authority Brian Patterson said the authority could have done more and “done it sooner”. Photograph: Getty Images

The financial regulator at the time of the banking crisis was engaged in “principles-based regulation with not a lot of intrusion”, former chairman of(...)

Cyril Roux, deputy governor (Financial Regulation) at the Central Bank of Ireland, arriving at Leinster House for the Banking Inquiry. Photograph: Sam Boal/Photocall Ireland

The current supervisory regime for financial institutions is robust enough to prevent another banking crisis, but it might not be able to defend the s(...)

 Cyril Roux , deputy governor (Financial Regulation) of the Central Bank of Ireland who said lessons have been learned in the euro zone about how to deal with struggling banks. Photograph: The Irish Times

Lessons have been learned in the euro zone about how to deal with banks that are failing or likely to fail, the deputy governor of the Central Bank of(...)