Unicredit

Veteran banker replaces Guido Bastianini at state-owned lender

Covid-19 worries weigh on airlines, while tech and energy stocks also fall

DoValue and Oliver Wyman join Pollen Street Capital and founder as shareholders

Tesla rose 4.5% to a record high after Hertz placed an order for 100,000 electric cars

Pillar banks drive Iseq into positive territory but fuel price increases hit travel stocks

Markets recover early-week losses

Banca Monte dei Paschi di Siena is officially Europe’s weakest lender

Aer Lingus owner IAG leads travel sector lower in Europe, while Amazon falls in US

Economists worry over rising infections and return of pandemic restrictions

Dublin’s financial hub is losing out to the rest of the docks in the battle to attract companies

Big names involved in past market-rigging scandals barred from lucrative recovery plan

Irish unit posted €42m net profit last year, 72% ahead of of internal forecasts

Iseq closes down as banking stocks are mixed

Asian stocks have gained faster than their US counterparts so far this year

Consortium consists of 12 banks and IBM with CRIF also coming onboard as a backer

Markets report: Iseq up by 0.6 per cent as most European and US indices finish ahead

Appointment of outgoing Lloyds Bank chief comes as Swiss lender reveals potential $680m losses from US civil suit

Europe Letter: ‘Outrageous’ demand by investors to buy EU’s debt seen as vote of confidence in euro

UK stocks lag after new job protection plan underwhelms investors, Iseq unchanged

Iseq slides 0.46% with investors unimpressed by AIB results; Bank of Ireland slips over 6%

Revenues at asset manager’s Dublin business drop 35% as London branch spun off

Planet Business: British Airways move to sell off its art isn’t an original

Fund currently stands at €750bn

Markets report: Basic resources sector best weekly performer

Italy’s biggest bank by assets could hit 80% of net income goal, in-house experts claim

Chief executive Colin Hunt tells virtual agm that bank is in a strong position

Banks have already announced billions of euros of bad debt charges

Reported death tolls in some of the world’s coronavirus hot spots show signs of easing

Bank stocks hammered on dividend suspension

Economic upheaval could hardly have come at a worse time for banks

US financial stocks had worst day since 2009 on Monday

European equity markets snapped a three-day winning streak

Banks end 2019 with the lowest level of non-performing loans since 2010

Chief executive of Italy’s largest lender opposes ‘green-supporting factor’ in Europe

Markets report: Lufthansa jumps after unveiling cost-cutting plan

Domestic demand contributed positively as foreign trade slowed

German chemical deal helps to buoy Euro Stoxx index

Irish banking shares amongst the worst performers as the Iseq drops

Applegreen shares slide and becames latest company to blame Brexit for poor performance

In Dublin Ryanair shrugs off a spike in fuel prices to rise by more than 2%