David Duffy

205 results

AIB is targeting the equivalent of 21.6 per cent of its personnel and general and administrative expenses last year for cuts. It would be the biggest cost-reduction programme implemented by an Irish bank. Photograph: Aidan Crawley/Bloomberg

AIB is planning to reduce its cost base by €350 million annually over the next two years, The Iri(...)

David Duffy, AIB chief executive, speaks at the AIB annual results press conference. Photograph: Eric Luke

First we had Bank of Ireland, then Permanent TSB and yesterday AIB opened its accounts to public scrutiny. It was a similar tale to the other t(...)

Video: AIB chief executive on challenges facing the bank

AIB said it was on track to return to profitability in 2014 as it reported lower underlying losses and provisions for last year. But its(...)

The Central Bank of Ireland may force banks here to write down the value of problem mortgage loans. Photograph: Matt Kavanagh/Irish Times

The Central Bank of Ireland plans to force banks here to writedown the value of problem mortgage loans in arrears of 90 days if they have not (...)

After 18 months of “engagement” with the banks and some political persuasion, the Central Bank of Ireland yesterday issued the “targets” that i(...)

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