Chairman Ciaran Lynch  (c) and members of the Oireachtas banking inquiry at the publication of the inquiry’s report at Leinster House, Dublin. Photograph: Brian Lawless/PA Wire

The State could have saved more than €9 billion by imposing losses on senior debt holders at the six Irish banks, the National Treasury Management Age(...)

Former financial regulator Patrick NearyPatrick Neary arriving at the Oireachtas banking inquiry last May. Photograph: Dara Mac Dónaill.

2008 March 17th: St Paddy’s Day massacre as Anglo shares plummet 30 per cent in price. September 15th: US bank Lehman Brothers collapses. Septe(...)

The inquiry noted David Drumm’s failure to appear before the committee but it said that even if the former head of Anglo Irish Bank had agreed to appear, the Director of Public Prosecutions probably would have blocked it.

The Oireachtas banking inquiry focused particular criticism on the European Central Bank over its lack of co-operation with the joint committee. It s(...)

The Oireachtas banking inquiry report finds the board of Bank of Ireland discussed how it could request taxpayer investment as a source of equity. Photograph: Bryan O’Brien/The Irish Times

There was a culture of excessive executive pay in the banks, according to the banking inquiry report. Recommendations in the report, released on Wedn(...)

The European Central Bank “explicitly threatened” the government in March 2011 it would withdraw emergency support for Ireland’s banks if losses were imposed on senior bondholders, the Oireachtas banking inquiry has found.

The European Central Bank explicitly threatened the government in March 2011 it would withdraw emergency support for Ireland’s banks if losses w(...)

The European Court of Auditors has strongly criticised the European Commission’s handling of the Irish bailout, highlighting its failure to notice warning-signs in the run-up to the financial crisis.

The European Court of Auditors has strongly criticised the European Commission’s handling of the Irish bailout, highlighting its failure to notice war(...)

 President Nicolás Maduro: The opposition  fears he  will  bypass the assembly’s decision by having the decree powers confirmed by the country’s top court. Photograph: EPA

Venezuela’s opposition-controlled national assembly has rejected a decree granting emergency economic powers to president Nicolás Maduro, deepening th(...)

 Greek prime minister Alexis Tsipras  with Christine Lagarde, managing director of the IMF, at a bilateral meeting  in Davos. Photograph: Jean-Christophe Bott/ EPA

The International Monetary Fund has reiterated its call for debt relief for Greece, raising pressure on European countries to cede to Greek demands fo(...)

Christine Lagarde demonstrated leadership during the global financial crisis, Minister for Finance Michael Noonan said. Photograph: Fabrice Coffrini/Getty

Christine Lagarde has picked up support from European countries including Ireland and a one-time rival for a second term as leader of the Internationa(...)

Taoiseach Enda Kenny said he would confirm the Government’s commitment to keep the cost-base under control and contain public spending when he met existing and potential investors at Davos on Thursday. Photograph: Collins

Ireland’s economy would have fared better if it had been permitted by the European Central Bank to burn private debt holders, Nobel Prize-winning eco(...)