Founder of the Baring Vostok private equity group Michael Calvey:  has been charged with fraud. Photograph: Tatyana Makeyeva

Hopes that the Kremlin might intervene in a case against Michael Calvey, the founder of one of Russia’s most longstanding and successful private equit(...)

The funds will be used to provide flexible debt capital solutions for SMEs and mid-sized corporates across Ireland.

DunPort Capital Management, a specialist asset manager, has raised €283 million to lend to small and mid-sized businesses. The funding round for Elm(...)

Turkish president Recep Tayyip Erdogan said in December: I am saying I am against high interest rates, and I will continue to say it. Inflation cannot fall in a country with high interest rates.” Photograph: Yasin Bulbul/Anadolu Agency/Getty Images

Terror attacks, political tumult and fraying relations with the West have seen Turkey’s economy take a beating in recent years. However, with the vis(...)

Russian president Vladimir Putin with his spokesman Dmitri Peskov (left) and foreign minister Sergei Lavrov (rear) at the recent G20 meeting in Hamburg, Germany. Photograph: Ian Langsdon/New York Times

Russia stepped up its war of words against the US this week after politicians in Washington moved to tighten sanctions to punish Moscow for allegedly (...)

The  Parthenon temple in Athens: the Greek capital’s largest creditor, the European Stability Mechanism, said on Monday Greece should develop a strategy to end a three-year exile from markets. Photograph: Simon Dawson/Bloomberg

Greece could return to financial markets in the next few weeks, investors and bankers close to the discussions say, raising private cash that would ma(...)

The most frantic trading activity is expected before official results emerge. Photograph: EPA

Enda Homan is going to pull an all-nighter -- and he can hardly wait. The senior foreign-exchange trader at AIB in Dublin will be glued to his screen(...)

The management buyout was led by chief executive Gary Duffy, who already owned about 20 per cent of the business

Senior management at Cork-based Excelsys Technologies Ltd have acquired control of the business in a transaction valued at close to €10 million. The(...)

Michael Hasenstab, the Franklin Templeton bond manager who wagered billions of dollars on Irish sovereign debt in 2011, is selling most of his investment in the nation’s bonds, which have returned 142 per cent from their lowest point.

The world’s biggest investors came hunting for bargains in Ireland after its economy collapsed. With fortunes made, some are cashing in their chips. (...)

The new group of investors i includes the chain’s management and private investors such as Emmet O’Neill, a nephew of Denis O’Brien. Photograph: Cyril Byrne

Denis O’Brien, the Digicel founder and Independent News & Media shareholder, has sold the BB’s Coffee & Muffins chain to a group of investors(...)

To the rescue? Non-bank finance is aimed at SMEs badly hit by the lack of credit, which is stifling the recovery

Eugene O’Callaghan was appointed director of the National Pensions Reserve Fund in April 2010, just six months before Ireland required a massive Europ(...)

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