SunTrust

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Avolon chief executive Dómhnal Slattery has seen an encouraging response to its plan to borrow $300m from global banks. Photograph: Bloomberg via Getty Images

A strong response to its plan to borrow $300 million (€264.5 million) from global banks prompted Irish aircraft lessor Avolon to increase the debt to (...)

Citigroup chief executive Mike Corbatsaid that the “30 most common customer journeys”, such as ordering replacement bank cards and asking about statements, were “pretty easy to deal with”. Photo: Clodagh Kilcoyne

Citigroup chief executive Mike Corbat has suggested that “tens of thousands” of people working in the US bank’s call centres are likely to be replaced(...)

US stocks sank on fears that the United States and China would not be able to reach a trade deal with less than a month left in their fragile truce.Photograph: Brendan McDermid/Reuters

European shares fell sharply on Thursday, ending a seven-session run of gains as a batch of worrying trading updates in a wide range of sectors, and t(...)

 SunTrust Bank headquarters in   Atlanta, Georgia. Photograph: EPA/Erik S Lesser

US regional lender BB&T will buy rival SunTrust Banks for about $28 billion in stock, unveiling the biggest bank deal since the 2007-09 financial (...)

The benchmark S&P 500 and the Nasdaq hit all-time highs on Friday after Federal Reserve chair Jerome Powell said the central bank’s current approach to interest rate hikes were the best way to protect the US economic recovery. Photograph: Michael Nagle/Bloomberg

Global equity markets rose on Friday after Federal Reserve chairman Jerome Powell expressed no surprises in a key speech outlining a steady course for(...)

Minister for Communications, Climate Action and Environment Denis Naughten: BNRG Renewables hopes he will set out the quantum of an annual auction for the years ahead.  Photograph: Nick Bradshaw

Irish solar company BNRG Renewables has begun construction of a portfolio of 10 solar photovoltaic projects totalling 35 Megawatts (MW) in the US stat(...)

Ardagh said that closing the five-year facility further diversified its funding sources and enhanced its capital structure.

Irish packaging giant Ardagh will have the scope to borrow up to €720 million following a deal with a group of lenders led by Citi and Bank of America(...)

Television news reporters broadcast reports on Spanish stock prices from the Madrid Stock Exchange on Wednesday. Photograph: Angel Navarrete/Bloomberg

Global shares fluctuated slightly on Wednesday ahead of the release of minutes for the US Federal Reserve’s policy meeting. Traders in Europe were so(...)

Fenergo chief executive Marc Murphy: “We are building a multinational in our home town and people are buying into the journey we are on.”

Fast-growing Irish fintech firm Fenergo is to create 100 new roles in addition to the 200 jobs announced earlier this year. The company, which has al(...)

A trader works on the floor of the New York Stock Exchange. Tech shares rose for a fourth day, gaining 0.6 per cent to the highest in a month. Photograph: Michael Nagle/Bloomberg

European equities extended a rebound into a third day as concern eased about global economic prospects in the aftermath of the Brexit vote. The Stox(...)

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