AIB’s headquarters in Ballsbridge. The bank said on Monday it will hold an egm on December 16th  to seek shareholder approval for its new capital reorganisation plan. (Photograph: Eric Luke / THE IRISH TIMES)

AIB shareholders are to vote on the bank’s new capital re-organisation, which will see the value of their shareholding in the bank almost wiped out, (...)

Speaking at the Oireachtas Banking Inquiry on Thursday, Michael Somers, who retired as NTMA chief in late 2009, said he was in the US   on the night of the bank guarantee decision and  found out about it via a text message.

The then chief executive of the National Treasury Management Agency only found out about the State’s decision to issue a blanket bank guarantee on the(...)

Brendan McDonagh, former finance director of the National Treasury Management Agency and now chief executive of the National Asset Management Agency, giving evidence at the Banking Inquiry on Thursday, July 9th. Screengrab: Oireachtas TV

The National Treasury Management Agency was “always sceptical” of the business models of Irish Nationwide and Anglo Irish Bank, particularly their hea(...)

Derek Quinlan speaking at the Oireachtas banking inquiry on Thursday

Irish financier Derek Quinlan did not believe there would be a property crash in Ireland until Lehman Brothers collapsed in September 2008. Speaking a(...)

Cathy Herbert speaking before the Oireachtas banking inquiry

A special adviser to former minister for finance Brian Lenihan denied he was overruled by Brian Cowen on the night the blanket bank guarantee. Cathy H(...)

The purchase of the luxury Savoy hotel group in London and the €1.166 billion purchase of the Jurys Inn budget hotel chain were among  high-profile deals put together by Derek  Quinlan (above) before the banking and property markets crashed in late 2008. File photograph: Alan Weller/Bloomberg

Derek Quinlan, one of Ireland’s most prolific property financiers in the boom years, has been called to give evidence before the Oireachtas Banking In(...)

Brendan McDonagh was summoned to Government Buildings at 7.45pm on the night of the guarantee. He was the NTMA’s director of finance at the time. Photograph: Eric Luke

The National Treasury Management Agency (NTMA), which manages Ireland’s national debt, was not consulted by the government about the September 2008 (...)

National Treasury Management Agency chief executive John Corrigan: described by Minister for Finance Michael Noonan as “one of the most dedicated public servants” in the State. Photograph: Gareth Chaney Collins

After five years as chief executive of the National Treasury Management Agency, John Corrigan presided over the launch of its annual report for the(...)

Speculation about a successor to John Corrigan is likely to include Brendan McDonagh, the chief executive of Nama. Photograph: Dara Mac Dónaill

The National Treasury Management Agency has begun the search for a new chief executive to succeed John Corrigan, who is stepping down in December. The(...)

 Shareholder Mary Clarke from Wicklow speaking to David Duffy (left),  AIB chief executive and David Hodgkinson, chairman, AIB, at the agm yesterday. Photograph: Cyril Byrne

It was probably a sign of the changed mood in Ireland these days that the battalion of pensioners marching through Ballsbridge yesterday morning wa(...)