PTSB chief executive Jeremy Masding has repeatedly said this year that the bank had run out of options as it came under regulatory pressure to lower its NPLs. Photograph:  Eric Luke

US investment powerhouse Pimco has been lined up to buy the rights to most of the income from a portfolio of €1.3 billion of problem home loans that P(...)

Finance Ireland chief executive Billy Kane at the company’s base on Pembroke Road, Dublin. Photograph: Bryan James Brophy

Billy Kane knew time was up in August 2008 for his lending business that allowed seniors to release equity in their homes when a Wall Street bank that(...)

Karen Bradley speaks during a press conference at the Grand Central Hotel after meeting  business leaders to discuss the draft Brexit deal.  Photograph:  David Young/PA Wire

Northern Secretary Karen Bradley has called on politicians to apply “cool heads” and support the draft Brexit deal in the UK’s “national interest”. M(...)

ECB president Mario Draghi told the Oireachtas the high interest rates were largely down to the fact the State has a “quasi-monopoly” banking market that is “not competitive”

European Central Bank (ECB) president Mario Draghi did his homework before he became, on Thursday, the first sitting head of the organisation to appea(...)

The change follows a scandal that involved €200 billion in payments through Danske’s Estonian branch between 2007 and 2015

Danske Bank’s largest shareholder, the Maersk family, has ousted the lender’s chairman after a money laundering scandal that has also forced out its c(...)

According to Danske bank’s updated factbook, it lost about 8,000 customers in Denmark last quarter, as Danes learned the full scope of the laundering scandal

Danske Bank’s interim chief executive said that it was too early to assess what damage Denmark’s largest lender had sustained from a €200 billion mone(...)

Fine Gael junior minister Pat Breen is reported in the Sunday Business Post as having held a number of meetings with the lead bidder for the National Broadband Plan. Photograph: Tom Honan

Fine Gael junior minister Pat Breen held a number of meetings with the lead bidder for the National Broadband Plan (NBP), the Sunday Business Post rep(...)

The transaction brings the NTMA’s long-term fundraising so far this year to €16.5 billion. Photograph: iStock

The National Treasury Management Agency (NTMA) received about €11.3 billion of orders from investors seeking to buy the Republic’s set of green bonds.(...)

Marmite maker Unilever drops  plans to centralise its HQ in Rotterdam. Photograph:   Epa/Andy Rain

Fears that the US may accelerate interest rate hikes sent European shares falling to their biggest weekly loss on Friday. Investors believe the world’(...)

Burberry fell 5.6%  along with shares in European luxury goods companies as concerns persisted over a slowdown in China. Photograph: Taylor Weidman/Bloomberg

European shares suffered their biggest fall in a month on Thursday as global stock markets came under pressure from surging bond yields. The pan-Europ(...)

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