Pat Farrell,  chief executive of the IBF from mid-2004 to June 2013, said there was  a recognition that the business models of the Irish activities of international banks operating here were “either flawed or could not be maintained as they sought to preserve capital and liquidity, and reduce costs”. File photograph: Eric Luke/The Irish Times

Former head of the Irish Banking Federation Pat Farrell lobbied the then government to have German bank Depfa included in the State’s blanket bank gua(...)

A file photograph of former Anglo Irish Bank executive Tom Browne (right) with the bank’s former chief executive David Drumm. The Oireachtas banking inquiry is to report Mr  Browne to An Garda Síochána for failing to provide a witness statement.  Photograph: Matt Kavanagh/The Irish Times.

The Oireachtas banking inquiry is to report former Anglo Irish Bank executive Tom Browne to An Garda Síochána for failing to provide a witness stateme(...)

Brian Patterson, former chairman of the Financial Regulator: said they did not see the enormity of the risks being taken by the banks. Photograph: Mac Innes Photography

Another day, another seven hours of detailed testimony at the Oireachtas banking inquiry. Liam O’Reilly, a former chief executive of the Financial Reg(...)

Former chairman of the Irish Financial Services Regulator Authority Brian Patterson said the authority could have done more and “done it sooner”. Photograph: Getty Images

The financial regulator at the time of the banking crisis was engaged in “principles-based regulation with not a lot of intrusion”, former chairman of(...)

File photograph of Enda Kenny. Mr Kenny has been called to give evidence at the banking inquiry, along with Tánaiste Joan Burton. File photograph: Niall Carson/PA Wire

Taoiseach Enda Kenny, Tánaiste Joan Burton and Minister for Finance Michael Noonan are among 12 people sent letters today by the Oireachtas banking in(...)

Work on the merger has been under way for some months with the new body led by IBF chief executive Noel Brett. Photograph: Brenda Fitzsimons / THE IRISH TIMES

The Irish Payments Services Organisation (IPSO) slipped into the red in what is set to be its final full year as a standalone body.IPSO recorded a de(...)

The ESRI estimated that the total number of mortgage loans in negative equity peaked at 314,000 in late 2012

Rising property prices, particularly in Dublin, are lifting thousands of households out of negative equity, according to new research.A study by the E(...)

There is a “real opportunity” for construction SMEs, which  account for 95 per cent of total construction employment, to help drive the economic recovery. Photograph: Krisztian Bocsi/Bloomberg

The Irish Small and Medium Enterprises association has called on the government to put the focus on competitiveness in this year’s budget.In a pre-bud(...)

John Bruton, Ireland’s former prime minister and current chairman of Ireland’s International Financial Services Centre (IFSC). Photographer: Simon Dawson/Bloomberg

The banking inquiry needs to examine why symptoms of the bubble were repeatedly ignored by politicians and regulators in the run-up to the crash, f(...)

David Duffy, AIB chief executive and president of the Irish Banking Federation. Photograph: Eric Luke/The Irish Times

The property market has reached a “tipping point” where demand for homes in Dublin is exceeding supply, according to AIB chief executive David Duffy. (...)