The then minister for finance, Brian Lenihan, during a  press conference at Government Buildings in September 2008 where he said the government had decided to guarantee all deposits in Irish banks. Photograph. Mark Stedman/Photocall Ireland.

Two hundred and eighty words. That is how long the government’s blanket guarantee for the State’s banks was when it was published at around 6.45am on (...)

 Anglo-Irish bank Headquarters on St Stephen’s Green, Dublin. Photograph: Julien Behal/PA Wire

Seamus Murphy was something of a maverick in Dublin’s small stockbroking community in late 2006 when he suddenly turned negative on Irish banks. That(...)

Jes Staley, CEO  Barclays bank. Photograph: Reuters

Barclays’ chief executive Jess Staley faces the City this week for the first time since the scandal erupted over his ill-advised attempts to unmask a (...)

Rory McHugh at the poker table in 2006

What makes a former UCD graduate, turned banker, turned poker player and turned banker again, decide to spend the best part of €40,000 and three month(...)

Blackstone has been selected to buy the bulk of the former Bradford & Bingley mortgage portfolio, while Prudential bid for about £3 billion, according to one source.

Blackstone and Prudential have been picked as preferred buyers for a £12.5 billion state-owned book of former Bradford & Bingley mortgages, one of(...)

Britain’s government has scrapped plans to sell stakes in Royal Bank of Scotland and Lloyds Banking Group this year in the wake of the Brexit vote, sources said, a decision set to leave a multi-billion pound hole in the country’s public finances. (Photograph: Toby Melville/Reuters)

Britain’s government has scrapped plans to sell stakes in Royal Bank of Scotland and Lloyds Banking Group this year in the wake of the Brexit vote, s(...)

Plans to start the sale of £2 billion  of retail shares in Lloyds Banking Group over the next six months have been dropped. Photograph: Peter Macdiarmid/Getty Images

The sale of billions of pounds of taxpayer-owned shares in bailed-out UK banks has been shelved as a result of stock market turmoil spurred by the vot(...)

AIB chairman Richard Pym has held the position of chairman of UK Asset Resolution Limited since 2010. (Photograph: Eric Luke / The Irish Times)

AIB chairman Richard Pym is to step down as chairman of the UK’s so called ’band bank’, UK Asset Resolution Limited (UKAR), in June 2016. Mr Pym has(...)

UK chancellor George Osborne. Headline growth rates will be revised down a few tenths of a percentage point for 2015 and 2016 to about 2.2 per cent, slower than Britain’s long-term average. Business surveys are much more muted, suggesting growth may slow further.

George Osborne’s eighth UK budget comes at a time of worsening figures on the UK economy and with the government split between those who want Britain (...)

UKAR is winding down the loans of Northern Rock and Bradford & Bingley, which were nationalised during the financial crisis of 2007 to 2009

Britain’s ‘bad bank’, which is running down the loans of two bailed out lenders, said it repaid £500 million to the government in the six months ende(...)

  • 1
  • 2
  • Next
  • Last »