Bernard Byrne

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AIB may sell more troubled loans this year to lower its non-performing debt ratio to 5 per cent. Photograph: Reuters

AIB’s new chief executive, Colin Hunt, is set to indicate to Oireachtas finance committee members that the bank may sell more troubled loans this year(...)

Paschal Donohoe rejected an AIB plan to reinstate bonuses last year.  Photograph: Laura Hutton

Irish bank pay caps and bonus restrictions are now a major worry, a group of investors have told the Minister for Finance Paschal Donohoe, as the Gove(...)

Colin Hunt (48) joined the bank in September 2016 having  previously held positions in Macquarie Capital, Goodbody Stockbrokers, Bank of Ireland and NatWest

AIB has formally appointed Colin Hunt as its new chief executive, succeeding Bernard Byrne, who announced his decision to leave in October. In a stat(...)

Is C&C ready for a fresh round of cider wars? Photograph: iStock

The unseasonably warm weather in Ireland at the moment should ordinarily put a pep in the step of C&C chief Stephen Glancey. After all, the drin(...)

AIB’s net loans grew by €900 million to €60.9 billion during the year

AIB, which reported a dip in profits for last year on Friday, has indicated that the 1,400-strong workforce in its loan-restructuring unit could be ta(...)

Analysts believe that the banks’ costs base still remains too high, with further job cuts likely over the coming years as lenders increase their spending on technology.

Next month marks the 10th anniversary of when Irish taxpayers started to inject money into the State’s domestic banks, a bill that ultimately balloon(...)

AIB chief financial officer Mark Bourke, who will depart the bank shortly for a new role in Portugal. Photograph: Clodagh Kilcoyne/Reuters

AIB is understood to have selected Donal Galvin as its next chief financial officer (CFO), as the bank prepares to announce a planned dividend hike ne(...)

Bernard Byrne, outgoing CEO of AIB: The changes at the top are occurring against the backdrop of salary caps and a ban on bonuses that has been in place since the outset of the crisis.  Photograph: Luke MacGregor/Bloomberg

AIB is understood to be conducting an exclusively internal search to find its next chief financial officer (CFO), according to sources, with speculati(...)

AIB has operated a debit and credit cards transactions joint venture called First Merchant Processing (Ireland) Limited (FMBI), trading as AIB Merchant Services, since 2007. Photograph: Eric Luke

US financial services group First Data has joined forces with AIB in its bid for Dublin-based payments company Payzone, which is worth more than €100 (...)

Bernard Byrne’s decision in October to hand in his notice have all but killed off any prospects of Paschal Donohoe approaching the market with more AIB shares any time soon

A decade after Irish banks threatened the solvency of the State, Minister for Finance Paschal Donohoe could be forgiven for still not wanting to liste(...)

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