Ryanair and mediation, Ulster Bank’s loan sale, and FBD’s Muldoon cleared by inquiry

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

 

Ryanair and the Irish trade union Forsa began talks with mediator Kieran Mulvey in a bid to resolve their differences and avoid further strike action. Barry O’Halloran reports on a process that is set to last for three days.

Opposition politicians and consumer advocates have criticised Ulster Bank for agreeing to sell a ¤1.4 billion portfolio of distressed Irish homeloans to the US investment giant, Cerberus Capital Management. Mark Paul has the details

In a short statement after the markets had closed, FBD said an independent investigation into a internal complaint against chief executive Fiona Muldoon had not upheld the allegations made against her. As Colin Gleeson reports, she also has the “full confidence” of the chairman and the board.

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