UK prime minister Theresa May. Photograph: Hannah McKay/Reuters

The pound rose on Friday and was set to snap a record losing streak against the euro after British prime minister Theresa May set out a departure date(...)

Christian Sewing, chief executive officer of Deutsche Bank: announced it was going to merge “parts” of its compliance and anti-financial crime unit with non-financial risk management. Photograph: Thorsten Wagner

Deutsche Bank’s chief executive Christian Sewing is preparing a radical overhaul of its ailing corporate and investment bank, telling shareholders tha(...)

Morgan Stanley has about $480 billion under management. Photograph: iStock

Morgan Stanley has appointed Paul Price, global head of distribution at its investment management unit, to head a Dublin investment arm as it prepares(...)

Aer Lingus says an Airbus A320 aircraft was damaged at Dublin Airport on October 16th, 2017, “when an unsecured unit load device container . . . struck one of the engines on the aircraft”.  Photograph: Brian Lawless/PA

Aer Lingus has gone to court seeking to recover costs incurred in repairing an engine that was damaged during Storm Ophelia in 2017. The airline, ow(...)

Volkswagen’s ID.3 electric car is its next big thing after the Beetle and Golf. This claim was made by Jürgen Stackman, Volkswagen board member at th(...)

The Correctiv files show that Carbon Warehouse  set up an Irish subsidiary, Carbon Warehouse Limited. Its office was in a nondescript building on North Strand Road, Dublin 3. Photograph: Alan Betson

Irish banks and shell companies were used in transactions worth millions of euro involving companies and individuals under investigation for tax fraud(...)

Terrassenhaus in Berlin

If there’s a recurrent theme in this year’s Mies van der Rohe European Prize for Contemporary Architecture, it is surely imaginative renovation and tr(...)

The collapse this week of merger talks between Deutsche Bank and Commerzbank brings to an end German attempts to create a national champion in the banking sector to rival competitors such as JP Morgan and Citigroup. Photograph: Hayoung Jeon/EPA

Pssst! Anybody want to buy a German bank? Two for sale, cheap at the price. All offers considered. Contact O Scholz, finance ministry, Berlin. No time(...)

One structure being considered would see UBS hive off its asset-management unit and fold it into Deutsche’s DWS in exchange for shares in the larger group. Photograph: Kai Pfaffenbach/Reuters

The asset-management arms of Deutsche Bank and UBS are in serious talks to merge, according to people close to the discussions, in a deal that would c(...)

The biggest systemic risk facing Ireland, aside from Brexit, is its high dependence on multinational firms, according to Philip Lane.   Photograph: Clodagh Kilcoyne/Reuters

Banks in Ireland are beginning to realise there’s a downside risk to their top regulator moving on. The last Central Bank governor, Patrick Honohan, (...)

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