Low interest rates are a threat to Bank of Ireland achieving its financial targets, chief executive Francesca McDonagh said.  Photograph: Dara Mac Donaill

Bank of Ireland, which has cut almost 500 jobs in the past year and a half, has signalled it will have to find more cost savings in the coming years a(...)

Gabriel Makhlouf’s appointment was approved by the Government in May and he will take up the €286,760 post in September. File photograph: Bloomberg via Getty

The European Central Bank (ECB) raised concerns over the Government’s choice of a new governor for the Central Bank of Ireland. The Central Bank is p(...)

The president of the European Central Bank, Mario Draghi, has hinted at another dovish flight into rate-cutting and asset purchasing at the ECB’s next meeting. Photograph: Stephanie Lecocq/EPA

Mario Draghi’s reign in Frankfurt is all but over. Super Mario, his preferred moniker with debt-laden PIIGS – Portugal, Ireland, Italy, Greece and Spa(...)

Vodafone plans to create a separate European mobile masts company. Photograph: Fabrizio Bensch/Reuters

European stocks nudged up in the final session of the week, as British, German and French stocks all finished higher. The tentative recovery came amid(...)

Minister for Finance Paschal Donohoe will be in no position to rush to market with bank shares. Photograph: Gareth Chaney Collins

Michael D’Arcy, Minister of State with responsibility for financial services, said on a trip to the US last week, as he peddled Ireland’s internationa(...)

Permanent TSB chief executive Jeremy Masding during the announcement ofthe bank’s results on Thursday.  Photograph Nick Bradshaw

Permanent TSB (PTSB) chief executive Jeremy Masding has appealed for time to give his best shot at increasing the earnings and value of the bailed-out(...)

Mario Draghi, president of the European Central Bank (ECB), speaks during a rates decision news conference in Frankfurt, Germany, on Thursday. Photograph: Bloomberg

Markets fell as the European Central Bank disappointed those hoping for firm news of an interest rate cut on Thursday, although the bank did signal th(...)

European Central Bank (ECB) president Mario Draghi at a news conference at the ECB headquarters in Frankfurt on Thursday. Photograph: Ralph Orlowski/Reuters

The European Central Bank (ECB) did not adjust interest rates or announce any new policy moves after the latest meeting of its policymaking council, b(...)

President of the European Central Bank Mario Draghi said ‘a considerable mass of inflation expectations are moving towards [a belief that there will be] lower inflation.’ Photograph: David Sleator

Mario Draghi has paved the way for a fresh package of monetary stimulus to boost the ailing euro zone economy before he departs in October, signalling(...)

PTSB says it has a target of cutting its soured loans to a “mid-single-digit ratio” over the “medium term”.

Permanent TSB (PTSB) must shift a further €550 million in problem loans before it will meet its own targets – and get a hearing from regulators on li(...)

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