David Duffy

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It has been reported that Danske Bank appointed a receiver to John Perry’s assets on July 22nd.   Photograph: Ints Kalnins/Reuters

Danske Bank will move quickly to sell the property assets it has seized from John Perry, the Minister of State for Small Business, against whom it rec(...)

AIB chief David Duffy estimated that one-in-five of AIB’s mortgage defaulters fall into the strategic, or ‘won’t pay’, category

Just how strategic are the banks being over the highly sensitive issue of strategic defaulters?Bank of Ireland chief executive Richie Boucher spoke at(...)

AIB chief executive David Duffy said that 18 months ago the bank set out to return to “sustainable profitability” by the end of 2014, and said it was still on track to achieve this. Photograph: Alan Betson

AIB trimmed losses in the first six months of the year by 28 per cent to €758 million, according to figures published yesterday by the State-controlle(...)

AIB chief executive David Duffy said yesterday about 20 per cent of those who have fallen behind with home-loan repayments due to the bank are “strategic defaulters” – people who have decided to withhold payments and use the cash to service other debts. Photograph: Alan Betson

About one in five of those whose mortgages are in arrears can afford to make repayments but have prioritised other debts, according to the chief execu(...)

AIB said it expected positive trends to continue in its financial results.

Losses at AIB fell in the first six months of 2013 as loan impairment charges declined. Overall losses were €758 million for the period, compares with(...)

Bank of Ireland chief executive Richie Boucher.

New European Commission state aid rules on bankers’ pay could result in Bank of Ireland chief executive Richie Boucher having to take a significant re(...)

David Duffy, chief executive of  AIB, and David Hodgkinson, chairman,  at their agm  in  Ballsbridge, Dublin, yesterday. Photograph: Brenda Fitzsimons

AIB chairman David Hodgkinson told shareholders yesterday that it is working towards making an outright profit next year and has sufficient capital to(...)

AIB chief executive David Duffy said he had initial discussions with investors in the United States and Britain. Photograph: Cyril Byrne

AIB has begun the process of getting investors to come in and start purchasing a shareholding in the bank from the Government, according to its chief (...)

AIB chief executive David Duffy. Photograph: Eric Luke

AIB chief executive David Duffy has confirmed that the bank is considering a tracker mortgage deal for homeowners who wish to move home and ret(...)

“Unemployment (both short- and long-term) began to fall towards the end of last year. If our forecasts prove to be correct, then this means an annual average below 300,000 unemployed in 2014.” Photograph: Frank Miller

In the ESRI’s latest outlook for the Irish economy, we forecast that growth will improve in 2013 and 2014. If we are right, growth, as measured(...)

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