Minister for Finance Paschal Donohoe on Tuesday unveiled the terms of reference of a wide-ranging review of the banking sector, which will take 12 months to complete. Photograph: Laura Hutton

Minister for Finance Paschal Donohoe said on Tuesday that he expected his officials to field and “consider” bank submissions on the impact of pay rest(...)

The planned wage demand comes as the three remaining retail banks in the State, in which taxpayers hold sizeable stakes, are seeking to rein in costs to build their profit returns to levels that are acceptable to investors. Photograph: iStock

The Financial Services Union (FSU) appears set on a collision course with the main retail banks after saying it will seek a 6 per cent pay hike for st(...)

Incoming president of the Irish Congress of Trade Unions (Ictu) Kevin Callinan told delegates ‘the entire public spending gap between Ireland and its nearest EU neighbours matches, almost exactly, the shortfall in employer social contributions’. File photograph: Laura Hutton/The Irish Times

The Government should introduce a wealth tax and require employers to pay more to fund better public services, the in-coming president of the Irish Co(...)

A passenger on a Beijing train plays pandemic games hit Animal Crossing: New Horizons on a Nintendo Switch. Photograph: VCG via Getty

A quarter-century after Québec introduced an explosively successful tax incentive for video-game developers, the Irish Government has hit the start bu(...)

A number of KBC Ireland’s 1,300-strong workforce are members of the FSU

The Financial Services Union (FSU) has decided to seek mediation with KBC Bank Ireland through the Workplace Relations Commission (WRC) over a number (...)

Anne Reilly, chief executive and owner of Paycheck Plus: ‘How do we know if a person needs special attention and care and minding, unless they come and tell us?’ Photograph: Alan Betson

Staff of small- and medium-sized businesses who refuse to get vaccinated will find themselves being taken off the payroll, the head of Isme, a represe(...)

Redundancy packages are capped at 104 weeks and monetary amount of £300,000, which currently equates to €349,250. File photograph:

Ulster Bank is preparing the ground for eventual job losses as part of its phased withdrawal, improving the terms of its general redundancy offering. (...)

KBC has about 1,300 employees and 12 branches, or hubs, in the Republic. File photograph: The Irish Times

Belgian financial services giant KBC Group is poised to release about €1 billion of expensive capital tied up in its Irish operation as it sells its l(...)

KBC Bank Ireland’s headquarters on Sandwith Street, Dublin. Photograph: Nick Bradshaw

The Financial Services Union (FSU) has called on KBC Bank Ireland and Bank of Ireland to clarify whether employees at the Belgian-owned bank will be a(...)

Brian Hayes, chief executive of the Banking and Payments Federation Ireland. Photograph: Alan Betson / The Irish Times

The departure of KBC Group from the Irish market, fresh on the heels of Ulster Bank, raises “fundamental questions” about the banking sector here and (...)

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