Permanent TSB had the highest level of non-performing loans in the Republic last June, at 28 per cent.  Photograph: Bryan O’Brien

Permanent TSB has put as much as €4 billion of non-performing mortgages up for sale under its so-called Project Glas portfolio, triple the amount prev(...)

PTSB said it had pressed the start button on the sale of a portfolio of loans known as Project Glas as it seeks to lower its level of non-performing loans. Photograph: Alan Betson

Overseas private-equity and hedge funds are currently circling as much as €11 billion of Irish loans, mainly mortgages, that have been put in the mark(...)

Amaris chief executive John Brennan at the Hilton Garden Inn on Custom House Quay. The hotel has  been sold by Lone Star to LRC Group. Photograph: Brenda Fitzsimons / The Irish Times.

Texan private equity fund Lone Star has sold the final 25 hotels from its Amaris Hospitality portfolio, including the Hilton Garden Inn on Dublin’s Cu(...)

Names: John Collison and Patrick Collison Ages: 27 and 29 Worth: $1.1 billion each (€900 million) Bio: The two siblings from Co Limerick becam(...)

Stripe co-founder John Collison (pictured) and his brother Patrick were added to the list of Irish billionaires last year, according to a report by Oxfam. Photograph: Dave Meehan

A record surge in the number of billionaires globally last year, when one was created every two days, has fuelled an “inequality crisis”, according to(...)

Jury Inn hotel at Christ Church: part of portfolio purchased by Pandox and Fattal Hotels. Photograph: Alan Betson

Swedish hotel group Pandox and Israeli group Fattal Hotels have acquired a hotel portfolio from US private equity group Lone Star for £800 million (€9(...)

Former Jurys Inn/Amaris executive Cormac Ó Tighearnaigh is CEO of Fine Grain, which is seeking to raise up to €75 million in equity

Fine Grain Property, an Irish-Singaporean investment company chaired by former Telecom Éireann chairman Ron Bolger, is assembling a new fund with a wa(...)

Jurys Inn in Christchurch, Dublin. Photograph: Alan Betson.

Dublin-headquartered hotel group Amaris Hospitality, which runs Jurys Inn and other hotels in Ireland and Britain, recorded an operating profit of £44(...)

Jurys Inn was originally set up as part of the old Jurys Doyle stock-market listed company. Photograph: Alan Betson

Swedish hotel group Pandox is on track to buy the Jurys Inn business, which is set to achieve £800 million (€903 million) as it is changes hands for t(...)

FBI officials arrive at the site of a mass shooting in Sutherland Springs. Photograph: Max Massey/Reuters

The US has been left reeling from the latest mass shooting to unfold in the country after a gunman opened fire in a Baptist church in Texas, killing a(...)

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