Hotels, non-food retail, retail property, leisure and entertainment industry businesses have been the worst affected by the coronavirus crisis. Photograph: iStock

Investment funds that snapped up billions of euro of Irish property and business loans after the financial crisis may use Covid-related breaches of lo(...)

Banks came into 2020 nervous over Brexit, Central Bank (above) mortgage rules and a dysfunctional housing market – that hasn’t gone away.

If 2020 saw Covid-19 deliver the biggest shock to the banking industry since the financial crash, 2021 will tell whether the system really learned the(...)

The bank received more than 2,000 applications last month for its redundancy scheme

Bank of Ireland said on Wednesday that it has taken a €169 million charge to deal with a voluntary redundancy programme that will lead to 1,700 staff (...)

‘We will be offering a range of solutions to those customers that need it most, working with them on a case-by-case basis to put in place a solution that reflects their individual circumstances,’ a spokeswoman for PTSB said. Photograph: iStock

Permanent TSB (PTSB) estimates between 11.5 per cent and 15.4 per cent of its mortgage, personal and small business borrowers who availed of payment b(...)

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(...)

Irish  banks are likely to cut the equivalent of 7,650 positions  in the next five years, according to Deloitte Ireland. Photograph: Crispin Rodwell/Bloomberg

Irish retail banks are likely to cut up to 30 per cent of jobs – the equivalent of 7,650 positions – in the next five years as the Covid-19 crisis shi(...)

Bank of Ireland, AIB and Permanent TSB, in which the State continues to have major stakes, are set to post €1.03 billon of bad loan provisions.

The Republic’s three surviving taxpayer-rescued banks are on track to report a combined €525 million of net losses for the first half of 2019 as the C(...)

The European Banking Authority  published a report on payment breaks which clarified that loans would not have to be reclassified as being in trouble if a bank stopped applying interest during the period of relief.  Photograph: Getty Images

Irish banks’ insistence that they must charge interest on 80,000 mortgage loans during payment holidays has been undermined by new guidance from Euro(...)

Bank of Ireland has to rebuild its capital levels to its medium-term targets, which may see it delay returning to regular dividend payments to 2023, analysts said. File photograph: iStock

Bank of Ireland, AIB and Permanent TSB face having to deal with more than €4 billion of bad loan losses stemming from the Covid-19 crisis over the cou(...)

Aryzta CEO Kevin Toland and chairman Gary McGann persuaded shareholders to back a 2018 rescue fundraise. Photograph: Arnd Wiegmann/Reuters

Spanish activist investor Cobas Asset Management, the largest shareholder in Swiss-Irish baked goods group Aryzta, is back. And this time it’s got com(...)

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