David Duffy: When he joined AIB in 2011 his job was to stabilise a bank that was in disarray at board level and at loggerheads with the Government, its key shareholder.  Photograph: Eric Luke

Whatever the reasons for his departure to run Clydesdale Bank from Glasgow, David Duffy has timed his exit from AIB nicely. After a little more tha(...)

The one question that hasn’t been answered is who will replace David Duffy as chief executive

Another week and another Irish bank is back in profit for the first time since the financial crash in 2008.The theme had already been established by U(...)

Permanent TSB’s capital-raising plan has yet to be finalised by the board and presented to the Minister for Finance for approval. Photograph: Alan Betson / The Irish Times

Ciarán Hancock, Finance CorrespondentPermanent TSB is considering raising about €500 million from external investors with a view to then repaying the (...)

John FitzGerald  gave the Banking Inquiry an insight into the mindset of the top brass at AIB in 2006, which  it seems had its own concerns about the Irish economy at that time. File photograph: Bryan O’Brien/The Irish Times

John FitzGerald’s four-hour appearance at the Oireachtas Banking Inquiry shone a light on how the ESRI, the country’s main economic think-tank, goes a(...)

John  FitzGerald was of the view that  concern over stress tests emanated from the board of AIB. “This would not have happened unless there was very senior buy-in [at AIB].” File photograph: Alan Betson/The Irish Times 2:06

AIB approached the ESRI in early 2006 to see if the thinktank would carry out a stress test of the bank’s balance sheet as it felt that a similar exer(...)

John Fitzgerald, research affiliate at the ESRI, said that the ESRI did not draw the connection between the growth of a property market bubble and the risks to the Irish financial system. (Photograph: Alan Betson / The Irish Times) 2:06

The ESRI failed to forecast the financial collapse in 2008, economist John FitzGerald told the Oireachtas Banking Inquiry today.He said the ESRI did n(...)

The most high-profile case  involved Newbridge Credit Union where €24.1 million has been paid to date from a maximum amount of €53.9 million.. Photograph:  Colin Keegan, Collins Dublin

The Department of Finance has informed the Oireachtas Public Accounts Committee that Irish banks will not now pay into a domestic special resolution (...)

Only last June David Duffy had signed a permanent contract with AIB, having originally signed up in December 2011 on a fixed-term contract for three years

Last Friday evening, the directors of AIB were asked to dial into a conference call for word of an important announcement that the bank was going to m(...)

Managing director of the International Monetary Fund Christine Lagarde with Minister for Finance Michael Noonan and Minister for Public Expenditure Brendan Howlan at Government Buildings Dublin. Photograph: Eric Luke/The Irish Times

A decision on whether or not homebuyers will be required to have a 20 per cent deposit in place before being approved for a mortgage will be made in t(...)

Central Bank decision on mortgage restrictions will be announced shortly.

A decision on whether home buyers will be required to have a 20 per cent deposit before being approved for a mortgage will be announced in the “coming(...)