Aidan Heavey, chief executive of Tullow Oil, which announced losses of $1 billion. Photograph: Nick Bradshaw

The financial markets have been trying not to panic this week. But headlines talking of “turmoil” and “bloodbath” have told the story, with echoes of (...)

Yahoo this week filed a hard-hitting defence to IBRC liquidator Kieran Wallace’s application, suggesting he does not have the authority to seek the contents. Photograph:  Ethan Miller/Getty Images

Yahoo has hit back at a claim by the KPMG special liquidators of Irish Bank Resolution Corporation (IBRC) that it should hand over the contents of an(...)

Former Anglo Irish Bank chief executive David Drumm is accused of offences including forgery, conspiracy and false accounting. File photograph: Josh Reynolds/The Irish Times

Former Anglo Irish Bank chief executive David Drumm has abandoned his legal challenge against extradition from the United States. The ex-banker has (...)

   Former Anglo  chief executive David Drumm:  His lawyer asked to keep the matter open  as  Drumm hopes to be biometrically tested as part of his process to secure a US green card. Photograph: Alan Betson

The decision of former Anglo Irish Bank chief executive David Drumm to end his extradition fight came as he began his fifth month in a US prison. It(...)

Ex-Anglo Irish Bank chief executive David Drumm has  dropped his challenge against being sent back to Ireland and is to return home to fight charges against him. File photograph: Alan Betson/The Irish Times

Former Anglo Irish Bank chief executive David Drumm has thrown in the towel on his fight against extradition from the United States. The Dubliner ha(...)

If he returns to the Republic, David Drumm will be taken straight to a Garda Station and charged before being brought before the District Court, which will decide on bail

The rescheduled extradition hearing at which former Anglo Irish Bank chief executive, David Drumm, is now expected to agree to return to the State fro(...)

Matt Cullen, the former director of treasury at Anglo, agreed with counsel that everybody was involved to try to achieve the same aim, to protect the Irish banking system.

A former Anglo Irish Bank director has told the trial of four senior bankers accused of conspiring to mislead investors that there was a “green jersey(...)

Former Anglo chief executive David Drumm has been fighting the extradition to Ireland since October, during which time he was held in jail just outside Boston. Photograph: Alan Betson/Irish Times

The rescheduled extradition hearing at which former Anglo Irish Bank chief executive, David Drumm, is now expected to agree to return to the State fro(...)

A former Anglo director has told the trial of four senior bankers accused of conspiring to mislead investors that he didn’t think there was anything improper about Anglo placing the money with ILP or with them taking the deposits.

A former Anglo director has told the trial of four senior bankers accused of conspiring to mislead investors that he was acting under the direction of(...)

Former Anglo Irish Bank chief executive David Drumm and his wife Lorraine after a court hearing. Mr Drumm has been in jail for almost four months since he was arrested and twice refused bail ahead of extradition proceedings on March 1st.

The hearing at which former Anglo Irish Bank chief executive David Drumm had been expected to drop his fight against extradition from the United State(...)