Bank of Ireland highlighted what it says is the “competitive disadvantage” of bankers’ pay restrictions  when it met Minister for Finance Paschal Donohoe, reports the Sunday Independent

Bank of Ireland highlighted what it says is the “competitive disadvantage” of bankers’ pay restrictions with the Department of Finance when it met Min(...)

Cerberus earlier this month agreed to buy a €1 billion portfolio, consisting of 2,200 customer loans, from AIB

Cerberus, the US distressed debt giant that recently acquired a €1 billion portfolio of non-performing loans from AIB, has raised $5.1 billion (€4.53 (...)

AIB is to sell a loan portfolio to Cerberus.

AIB said on Monday that it has agreed to sell a €1 billion portfolio of non-performing loans, consisting of mostly buy-to-let properties, to US privat(...)

AIB is working to cut its level of bad loans towards the EU average of 3.4 per cent. Photograph: Julien Behal/PA Wire

Lone Star Funds is said to be one of at least three bidders to have progressed to the second stage for an AIB portfolio of soured loans, according to (...)

ACC Bank headquarters in Dublin. Photograph: Niall Carson/PA

Dutch financial group Rabobank is advancing plans to sell off the remaining €3.2 billion loans at its former ACC Bank unit in Ireland at a deep discou(...)

President Recep Tayyip Erdogan and President Donald Trump: Turkish lira is falling casualty to a deepening economic crisis sparked by a spat with the US.

It is just over two years since army tanks fanned through the streets of Ankara and Istanbul as elements within the Turkish military attempted to inst(...)

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.(...)

The Project Scariff sale is expected to be the last big portfolio sale undertaken by Ulster Bank, which has been restructuring its Irish assets for almost a decade.

Opposition politicians and consumer advocates have criticised Ulster Bank for agreeing to sell a €1.4 billion portfolio of distressed Irish home loans(...)

Crowds gather during the March for Our Lives Rally in Washington, DC on March 24th, 2018

Remington Outdoor Co Inc, one of the largest US makers of firearms, filed for bankruptcy protection on Sunday to carry out a debt-cutting deal with c(...)

A teleprompter displays US president Donald Trump’s speech as he delivers an address to the nation at Fort Myer in Arlington on Monday on the US’s continuing military involvement in Afghanistan. Photograph: Al Drago/New York Times)

US president Donald Trump’s scepticism about the United States’s involvement in Afghanistan was no secret to his staff. But his top national security (...)

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