Citizens

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The Irish Times Innovation Awards take place on Tuesday in the RDS.

Monday Results: Hewlett Packard Enterprise, Guess, Urban Outfitters. Indicators: Euro zone construction output (Oct). Meetings: Asia Matters Bus(...)

The Trump International Hotel in Washington. Photograph: Stephen Crowley/New York Times

The Old Post Office in central Washington has an interesting history. The majestic Victorian building escaped demolition in the 1920s when the “federa(...)

Allied Irish Banks: “AIB has a long history of being bailed out by taxpayers, of poor corporate culture, of excessive remuneration, and of overcharging customers.” Photograph: Nick Bradshaw

The Government strategy for privatising AIB has focused solely on the art of the deal – the price, how much to sell, and when to sell our 99 per cent.(...)

A security  man at the entrance to the wind farm formerly owned by the Quinn Group, at Slieve Rushen, Co Cavan. Photograph: John McVitty

Businessman Joey Smith, Sean Quinn’s friend and a member of Concerned Irish Citizens, a pro-Quinn lobby group, has claimed the former tycoon is now “a(...)

Liam McCaffrey: The chief executive of Quinn Industrial Holdings has been warned by the PSNI to review his security arrangements. Photograph: Collins

The Garda and the PSNI are investigating a death threat sent to the chief executive of a company once owned by bankrupt businessman Seán Quinn. Liam(...)

British lender Barclays has axed 2,700 jobs at its investment bank this year as part of a wider cull of 19,000 roles over three years

The banking sector’s long and painful restructuring accounted for a further 1.2 per cent fall in staff numbers at Europe’s biggest lenders in the firs(...)

To offset the bank’s fresh losses – and boost capital – RBS plans to accelerate the divestment of Citizens, its US arm, by launching an initial public offering in 2014, a year earlier than expected. Photograph: Johnny Green/PA Wire

Royal Bank of Scotland warned yesterday that it would report a “substantial” full year loss as it shifted £38 billion of its riskiest loans into an (...)

RBS is preparing to sweep away a litany of past problems with a plan to clear out bad loans, overhaul business lending and refocus on its UK retail and commercial business. Photograph: Johnny Green/PA Wire

The Irish banking sector faces further turmoil as it emerged last night that Royal Bank of Scotland, owner of Ulster Bank, is planning to put much of (...)