The biggest systemic risk facing Ireland, aside from Brexit, is its high dependence on multinational firms, according to Philip Lane.   Photograph: Clodagh Kilcoyne/Reuters

Banks in Ireland are beginning to realise there’s a downside risk to their top regulator moving on. The last Central Bank governor, Patrick Honohan, (...)

‘There is a claims culture. It’s all stacked against the insured, against the retailer.’

John Caulwell owns a busy Spar shop at 8 Upper O’Connell Street in Dublin. His difficulties with insurance costs began five years ago when someone sli(...)

PTSB chief executive Jeremy Masding signalled to the Oireachtas finance committee that a further sale of problem loans may be on the cards. Photograph: Dara Mac Dónaill

When Welsh banker Jeremy Masding became chief executive of Permanent TSB (PTSB) seven years ago, the company was a basket case and he knew there was a(...)

Ulster Bank’s owner RBS pumped the equivalent of €17 billion into Ulster Bank during the financial crisis. Photograph: Tom Honan

Ulster Bank’s chief executive of five months in the Republic, Jane Howard, couldn’t have been more adamant. “I’ve no mandate at all to look at Perman(...)

 Davy estimates that Ulster Bank’s return on equity, a key gauge of a bank’s profitability, amounted to a little over 5 per cent in the first nine months of 2018, excluding exceptional costs.

A merger between Ulster Bank and Permanent TSB (PTSB) would boost the combined weak profitability of the two lenders by almost 50 per cent, according (...)

Irish mortgage customers are paying about €250 more every month than their euro zone peers as a result of higher interest rates. Photograph: iStock

Figures released by the Central Bank of Ireland on Friday showed that mortgage interest rates in the Republic are amongst the highest in the euro zone(...)

Irish mortgages are much more costly than European ones. Photograph: iStock

Irish banks, which are charging well above the euro-zone average on standard variable mortgages, face having to hold almost 2½ times as much expensive(...)

ECB president Mario Draghi told the Oireachtas the high interest rates were largely down to the fact the State has a “quasi-monopoly” banking market that is “not competitive”

European Central Bank (ECB) president Mario Draghi did his homework before he became, on Thursday, the first sitting head of the organisation to appea(...)

The Government has pledged to hold off selling more than 25 per cent of any bank before the end of this year. Photograph: iStock

Has the State missed the boat on cashing in on AIB ? Three months ago, the head of the NTMA, Conor O’Kelly, urged the Government to swiftly offload (...)

Dutch financial group Rabobank has decided to take direct ownership of the remaining €3.2 billion of loans at its former ACCBank unit in Ireland. Photograph: Mark Stedman/Photocall Ireland

Finance Ireland, the State’s largest non-bank retail lender, has lined up UK asset manager M&G Investments to fund its entry into the mortgage mar(...)

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