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(...)

US president Donald Trump. Photograph: Mandel Ngan/AFP/Getty Images

News that US president Donald Trump will meet his Chinese opposite number Xi Jinping at a G20 summit eased fears of a trade war and steadied European (...)

CRH chief executive Albert Manifold in the Roadstone Cement Quarry in Dublin. The company’s share price has been battered in recent months. Photograph: Cyril Byrne

A day after Ireland’s largest plc published its latest quarterly update, Mary Rhinehart, who only joined the board last month, stumped up $27,340 for (...)

Goldman’s spokesperson said it would be wrong to characterise the meeting with Jho Low as “one-on-one”, adding: “Mr Blankfein does not recall any one-on-one meeting with Mr Low, nor have we seen any record to suggest such a meeting occurred.”

The fallout over Goldman Sachs’ involvement in the vast 1MDB fraud deepened on Thursday, after the bank said its former chief executive met with the m(...)

Sterling has steadied this week above $1.28 after dropping 1.1 per cent last week. Photograph: Phil Noble/Reuters

As UK Prime Minister Theresa May shakes off the threat of a leadership crisis, the pound is getting a chance to catch its breath. With rebels in May’(...)

Apple was down another 4 per cent on Tuesday putting it on track for its worst month in 10 years following reports it had cut production orders for all three new iPhones. Photograph: Josh Edelson/ AFP/Getty Images

Technology stocks led sharp losses on Wall Street for the second straight session as a sell-off in the sector spread out across global markets and wip(...)

Clontarf Castle in Dublin, which is operated by the Tifco hotel chain.

Documents compiled for Tifco, the State’s second-largest hotel group, suggest US distressed assets fund, Apollo Global, recently bought the company fo(...)

After a near 10-year rally, is a bear market looming for US stocks? Photograph: iStock

The longest US bull market in history has been looking shaky recently. October was the worst month since November 2008 for the tech-heavy Nasdaq index(...)

  Apple fell into a bear market last week. Photograph: Lucas Jackson/Reuters

Amazon lost its trillion-dollar crown in October and fell into a bear market shortly afterwards. Last week it was Apple’s turn, with the iPhone maker (...)

Former president Barack Obama congratulates Donald Trump after the latter’s inauguration speech. Photograph: Carlos Barria/Reuters

When I was in Reykjavik in August, Icelanders were bragging about putting the corrupt bankers who ravaged their economy in prison. In the US, it works(...)

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