Permanent TSB said its net profit fell to €3 million last year from €40 million previously.  Photograph: Alan Betson/The Irish Times

In a remarkably busy week for Irish corporate earnings, banks stood out for a collective performance that was underwhelming at best. All three of the (...)

Shares in Bank of Ireland fell as much as 8 per cent to €4.802 on Monday. Photograph: Frantzesco Kangaris/Bloomberg

Shares in Bank of Ireland continued their decline on Tuesday as investors digested an underwhelming set of annual results at the lender. The Republic(...)

Bank of Ireland chief executive Francesca McDonagh says the Bill would impede a lender’s ability to meet regulators’ non-performing loans reduction demand. Photograph: Dara Mac Donaill

Bank of Ireland’s shares have slumped by about 30 per cent since chief executive Francesca McDonagh unveiled ambitious medium-term plans last June – m(...)

Bank of Ireland said it plans to increase the dividend it pays to shareholders. Photograph: Dara Mac Donaill

Shares in Bank of Ireland fell by as much as 8 per cent on Monday as the group’s profits declined more than analysts had expected last year. Its lendi(...)

Ryanair chief executive Michael O’Leary, aboard one of his aircraft in the Ryanair hangar at Stansted Airport. Photograph: Stefan Rousseau/PA Wire

Bank of Ireland to sell UK loan book Bank of Ireland is expected to sell its £600 million (€690 million) UK credit card loan book after the bank deci(...)

Analysts believe that the banks’ costs base still remains too high, with further job cuts likely over the coming years as lenders increase their spending on technology.

Next month marks the 10th anniversary of when Irish taxpayers started to inject money into the State’s domestic banks, a bill that ultimately balloon(...)

Minister for Finance Paschal Donohoe Photograph: Dara Mac Dónaill/The Irish Times

This time of year wouldn’t be complete without – no, not novelty socks – our annual top 10 online business stories of the year. Back in its rightful p(...)

Bernard Byrne’s decision in October to hand in his notice have all but killed off any prospects of Paschal Donohoe approaching the market with more AIB shares any time soon

A decade after Irish banks threatened the solvency of the State, Minister for Finance Paschal Donohoe could be forgiven for still not wanting to liste(...)

Analysts at Investec  have estimated that the bank may cut its workforce by 15-20 per cent, equating to up to 2,200 employees, by the end of 2021

Bank of Ireland’s chief executive Francesca McDonagh has committed in a meeting with Financial Services Union (FSU) officials to sticking to an existi(...)

Colin Hunt is a former chief economist at Goodbody Stockbrokers, and  also previously worked as special adviser to former ministers for finance and transport.

AIB has picked internal candidate Colin Hunt as its next chief executive, succeeding Bernard Byrne, who announced in October he was quitting to join s(...)

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