The Oireachtas Banking Inquiry has called former Taoiseach Brian Cowen to give evidence to the committee. Photograph: Alan Betson

The Oireachtas Banking Inquiry has called former Taoiseach Brian Cowen to give evidence to the committee as part of the next phase of its hearings.Mr (...)

Taoiseach Enda Kenny Photograph: Eric Luke / The Irish Times

Banks had a moral duty to pass on lower interest rates from which they benefited, Taoiseach Enda Kenny told the Dáil.“It is not fair, just or equitab(...)

Anti-water charges protests: the latest form of lump-sum charge, the water charges, is the main focus of organised opposition to taxes today. Photograph: Nick Bradshaw

Colbert, a French finance minister of the late 17th century, said: “The art of taxation consists in so plucking the goose as to obtain the largest pos(...)

An AIB spokeswoman said “in all cases the bank seeks a non-legal resolution and implementation of a consensual debt restructuring with borrowers”. Photograph: Bryan O’Brien

AIB, the State-owned bank, is twice as likely as its main rival, Bank of Ireland, to pursue its customers through the courts over unpaid debts, accord(...)

Ikea’s food business managing director Michael La Cour  improved his day last week by tucking into some veggie balls at their official launch in Ikea’s Brussels store. Photograph: Reuters/Francois Lenoir
Planet Business

  Image of the week: Ikea’s veggie balls Here’s a new entry to the Ikea vocabulary: Grönsaksbullar. They are the vegetarian or “veggie(...)

Patrick Honohan  said while consideration should be given to enacting laws to deal with  reckless bankers, he felt that such actions did not amount to criminal activity

Being part of the euro contributed some fuel to the fire but was not the reason for Ireland’s boom and subsequent bust, Central Bank Governor Patrick (...)

Minister for Finance Michael Noonan said he will ask Patrick Honohan to “consider what influence the Central Bank can bring to bear to bring variable mortgage rates closer to the cost of funds”. Photograph: Dara Mac Dónaill

Minister for Finance Michael Noonan will on Thursday meet the governor of the Central Bank to discuss the high mortgage interest rates banks charge h(...)

Max Schrems: in 10 days the European Court of Justice will hear a referral from Dublin following a privacy case taken against the DPC by the Austrian privacy campaigner. Photograph: Collins Courts

Not everyone in the Government has heard of the Lobbyplag group, but senior figures wasted no time dismissing what it had to say this week. For those (...)

Downtown Hong Kong: during the Asian financial crisis in the 1990s its property market collasped by 65 per cent but no bank went bust. Photograph: Philippe Lopez/AFP/Getty Images.

As the Central Bank of Ireland introduces loan to value restrictions, it notes the successes of such policies in Asia. But how successful have these m(...)

 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(...)