An AIB spokesman said  as of the end of June, the bank’s problem loans ratio ‘remains elevated’.

AIB has picked a consortium involving US-based Ellington Financial and Morgan Stanley as preferred bidders for a portfolio of problem loans, mainly mo(...)

The average mortgage payment on a non-Dublin property in negative equity in the portfolio was €781, compared to a corresponding rent of €1,017. Photograph: iStock

The Republic’s “very high” level of restructured mortgages where holders stick to the new terms on their loans is helped by the fact that they face st(...)

The International Financial Services Centre in Dublin’s docklands. Kroll wants its new Irish office to help companies here secure access to capital markets. Photograph: Bryan O’Brien / The Irish Times

US-based Kroll Bond Rating Agency (KBRA), which recently established its European headquarters in Dublin, has set its sights on usurping the dominance(...)

US bond rating agency Kroll has signalled its intention to open its European HQ in Dublin. Photograph: iStock

US-based Kroll Bond Rating Agency (KBRA) will create 100 jobs in Dublin over the next three years as it opens its European headquarters in the city. (...)