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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City.

European shares closed unchanged on Friday although rising US-China tensions hit Asia-exposed banks and luxury stocks, while hopes of a global recover(...)

Grafton Street: many retail rents, for the second quarter of the year, are due on Wednesday. Lobby group Retail Excellence say many stores will not be able to pay this bill. Photograph: Bryan O Brien

Dublin software company Workhuman, formerly known as Globoforce, has sold a 10 per cent stake in the business in a deal that puts it “on course for” f(...)

Ireland’s banks recorded enormous losses during the financial crisis, which has given them the ability to shield their future profits (or  current profits) from corporation tax at the standard rate of 12.5 per cent. File photograph: Matt Kavanagh/The Irish Times.

During Monday’s leaders’ debate on RTÉ, Sinn Féin leader Mary Lou McDonald asked “where is all your outrage at the fact that banks that all of you fol(...)

 Jeremy Masding, group chief executive  of  Permanent TSB where job cuts are expected to be announed next year. Photograph: Colm Mahady/Fennells

Permanent TSB chief executive Jeremy Masding, who announced on Thursday he plans to quit at some stage next year after eight years at the helm, has so(...)

Extending the State banking guarantee to Anglo and Irish Nationwide in September 2008 was folly.  Photograph: Bryan O’Brien

Lest we forget, the Comptroller and Auditor General this week reminded us that the bill for bailing out our domestic banks continues to rise. To the t(...)

Permanent TSB chief executive Jeremy Masding. Photograph Nick Bradshaw

Permanent TSB is laying the groundwork for its first sale of bonds where investors could suffer losses if the bank runs into trouble in the future, e(...)

PTSB paid a record fine of €21m following Central Bank investigation on overcharging. Photograph: Bryan O’Brien

The Central Bank’s final report on the tracker mortgage fiasco showed that the number of impacted customers grew by 300 cases in the first five months(...)

Just before stepping down as governor of the Central Bank, Philip Lane wrote to Minister for Finance Paschal Donohoe to suggest that there “may be merit” in allowing AIB, Bank of Ireland and Permanent TSB reinstate variable pay or bonuses for staff. Photograph: Nick Bradshaw

Just a day before stepping down as governor of the Central Bank to take up a senior role in Frankfurt with the European Central Bank, Philip Lane wrot(...)

On Friday, three-month US treasury bills were yielding 2.3 per cent on Wall Street, while 10-year notes were priced at 2.16 per cent – the weakest reading since 2007, before the financial crash. Photograph: Justin Lane/EPA

Donald Trump’s favourite stocks index – the Dow Jones Industrial Average – has barely fallen 6 per cent between the US president starting May with a t(...)

PTSB chief executive Jeremy Masding signalled to the Oireachtas finance committee that a further sale of problem loans may be on the cards. Photograph: Dara Mac Dónaill

When Welsh banker Jeremy Masding became chief executive of Permanent TSB (PTSB) seven years ago, the company was a basket case and he knew there was a(...)

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