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 (...)

European Central Bank president Mario Draghi arriving for an EU summit in Brussels yesterday. Photograph: AFP Photo/Thierry Charlier

The European Central Bank is holding to its position that its president, Mario Draghi, will not go before the Oireachtas banking inquiry in spite of t(...)

Prof Gregory Connor of the Department of Economics, Finance and Accounting at NUI Maynooth speaking before the Oireachtas banking inquiry, February 25th, 2015

Accountancy standards have not changed since 2008 and the same conclusions would be arrived at if they were used to examine Anglo Irish Bank today, th(...)

ECB president Mario Draghi had already opened the door to buying sovereign bonds, when he said last Friday the bank could “broaden even more the channels through which we intervene”

The European Central Bank might decide as early as the first quarter of next year whether to begin buying sovereign bonds, the bank’s vice president (...)

Permanet TSB chief executive Jeremy Masding: “On Tuesday morning, we’ll start the journey [of securing funds].”  Photograph: Alan Betson

Permanent TSB and its advisers plan to canvass more than 30 institutional investors and private equity groups in Europe and the US in the coming we(...)

The ECB is due to begin supervising the euro zone’s biggest banks in a week’s time in a major shift of power away from national supervisors to a pan-European regulator

in Frankfurt Eleven banks must submit plans to the European Central Bank within the next fortnight outlining how they will meet a collective shortfal(...)

Fresh proof of the fragility of Italian banks has emerged at a sensitive time for the government of Mario Renzi, which is locked in a battle with the European Commission over Italy’s 2015 budget

When European Central Bank president Mario Draghi pledged in July 2012 to do “whatever it takes” to preserve the single currency there was little doub(...)

ECB vice-president Vitor Constancio: indicated the bank would  buy only the senior tranches of any package of mortgages or other assets offered to it. Photograph: EPA/Matteo Bazzi

The prospect of the ECB’s planning to buy mortgages and other assets from banks and providing Irish banks with a way out of the tracker mortgage dead (...)

European Central Bank vice-president Vitor Constancio: “If we would have to broaden the programme to include the so-called mezzanine tranches, where there is more risk, for that we would indeed some kind of guarantee.” Photograph: EPA/Matteo Bazzi

The prospect that Irish banks could offload some of their problematic mortgage debts as part of the European Central Bank’s asset-backed security-purc(...)

European Central Bank (ECB) president Mario Draghi (left) with  vice president Vitor Constancio. Mr Constancio said historically low interest rates and unconventional monetary polices to support economic recoveries with “too low rates of inflation” are causing some markets to overheat. Photograph: Ralph Orlowski/Reuters

The European Central Bank will start to hold regular meetings with the European Union’s new bank supervisor to keep a closer eye on risks to financial(...)