Virgin Money chief executive David Duffy, formerly boss of AIB, cautioned that ongoing Brexit uncertainties were also taking their toll on the wider banking sector.

UK lender Virgin Money has revealed a hit to mortgage lending amid a “difficult” market and intense competition. The group — formerly known as CYBG — (...)

David Duffy, the chief executive of Virgin Money, earned a basic salary of £1.2 million combined with various allowances, bonuses and pension entitlements amounting to £2.2 million.

Former AIB chief executive David Duffy earned just under £3.4 million (€4 million) as the boss of UK lender Virgin Money, more than eight times the sa(...)

Irishman David Duffy, CYBG’s chief executive: “We want to be open with colleagues and give them clarity on changes as soon as possible.” Photograph: Joanne O’Brien

Around 330 jobs are being axed at Clydesdale and Yorkshire Bank owner CYBG and a number of sites are closing following its £1.7 billion (€1.9 billion)(...)

Oil prices slid on uncertainty over whether US president Donald Trump would withdraw from the Iran nuclear deal

European shares edged up 0.1 per cent on Tuesday, but Italian stocks were a weak spot as the threat of a snap election grew, while earnings and deal-m(...)

The merger would create Britain’s leading ‘challenger’ bank, with 6 million personal and business customers.

Virgin Money said on Monday that it had received an all-stock takeover offer from rival CYBG Plc, a proposal that values the British lender at about £(...)

Bank of Ireland: The retreat in financial stocks around Europe saw the bank shares fall 3.5 per cent to €0.27. Photograph: Frantzesco Kangaris/Bloomberg

European shares fell sharply yesterday as disappointing economic data from the US further undermined sentiment already hurt by weak earnings updates. (...)

David Duffy: he will seek to promote Clydesdale’s 175-year history and its 315 branches and business centres

This week’s global stock market wobble, caused largely by concerns over China’s economic performance, shaved trillions of dollars off shares value and(...)

Fergus Murphy has accepted the newly created role of director of products with Clydesdale, a position similar to the one he held with AIB, where he recently announced his departure.

Outgoing AIB executive Fergus Murphy is to join the Clydesdale bank in the UK as director of products, where he will team up again with David Duffy, w(...)