Colin Hunt

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Analysts say AIB needs to find an additional €200 million in savings to reach 2022 profit targets. Photograph: Tom Honan

A multibillion-euro stimulus fund to bolster the economy from the fallout of both Covid-19 and Brexit is to be one of the key planks of the Governmen(...)

AIB office space in Dublin will be considered as part of any cost cutting measures

AIB, which unveiled plans earlier this year to cut 1,500 jobs by 2022, is carrying out a fresh examination of costs as the Covid-19 economic crisis is(...)

From left to right: Colin Hunt, CEO, AIB, Cathy Bryce, Head of Corporate & Institutional Banking, AIB and Minister for Housing Darragh O’Brien launch AIB’s €300 million Social Housing Fund which will help over 2,000 people across the county receive the keys to their own homes. Photograph: Julien Behal

A new €300 million social housing fund launched by AIB will help approved housing bodies and developers deliver more than 2,000 social housing units, (...)

AIB and Bank of Ireland last month reported much higher levels of bad loan provisions than expected for the first half of this year.

They were innocent times three years ago, when the government sold a 29 per cent stake in AIB. Brokers pitching the deal to stock market investors a(...)

 Shane O’Sullivan, director of operations at Permanent TSB, is leaving the bank. File photograph: Alan Betson/The Irish Times

Permanent TSB (PTSB) director of operations Shane O’Sullivan, the internal runner-up in the recent search for a new chief executive for the lender, ha(...)

The prospect of a no-deal Brexit rose further this week as both sides dug deeper trenches. Photograph: Getty Images

There will be no shortage of political and banking voices clamouring for the spotlight as Tánaiste Leo Varadkar formally launches the €2 billion Covid(...)

In 2019, CRH chief executive Albert Manifold continued a trend in recent years of topping the Irish high earners’ list, with his total remuneration package rising 13 per cent to €9.31 million. Photograph: Cyril Byrne

The 22 long-standing bosses of the largest Irish publicly-quoted companies saw their pay jump by an average 18 per cent to €2.45 million last year, as(...)

AIB chief executive Colin Hunt described the bank’s handling of mortgage lending during the early stages of the coronavirus crisis as “regrettable”. Photograph: Nick Bradshaw

AIB chief executive Colin Hunt described the bank’s handling of mortgage lending during the early stages of the coronavirus crisis as “regrettable”, a(...)

The State’s five retail banks  set aside a combined €2.6 billion of provisions to absorb an expected surge in bad loan losses. Image: iStock

If anything, Irish bank chiefs were decidedly more upbeat this week on the prospects for the economy – and their own businesses – than three months ag(...)

Photograph: iSTock

AIB has defended its decision to take much-higher-than-expected €1.2 billion upfront charge in the first half of the year to absorb expected loan loss(...)

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