Ulster Bank staff must be dreading Thursday when Ross McEwan, chief executive of its parent company Royal Bank of Scotland, will outline the results of its five-month strategic review of group operations.

Ulster Bank staff must be dreading Thursday when Ross McEwan, chief executive of its parent company Royal Bank of Scotland, will outline the re(...)

Aidan Gough: “It is critical to improve the quality and relevance of the financial information being given to SMEs.”

The availability of finance or lack of it for SMEs is the subject of almost continuous public discourse. But much of it is based on anecdotal e(...)

Fianna Fáil finance spokesman Michael McGrath. Photograph: Brenda Fitzsimons

Irish Water is paying a “guarantee” fee of up to €5 million annually for a bridging loan given to it last yea(...)

Serious Money

The current €2 billion taxpayer subvention to the social insurance fund will almost treble by 2030 and increase by a factor of six by 2040. (...)

There is another change on the way in the officer class over at Investec. John Dolan, one of the partners at Investec Ventures, is leaving to become a(...)

State Street’s office on Sir John Rogerson’s Quay: the UK regulator fined the firm £22.9 million in relation to the overcharging of six clients, including the National Treasury Management Agency.

The National Pension Reserve Fund (NPRF) has terminated the mandate held by State Street Global Advisors (SSGA) to manage €650 million worth of equiti(...)

Tánaiste Eamon Gilmore  with Raymond Yang, managing director of WestSummit Capital, and Elaine Coughlan, a general partner with Atlantic Bridge, at yesterday’s National Pension Reserve Fund announcement. Photograph: David Sleator/The Irish Times

Mark Paul, Business Affairs CorrespondentSummit Bridge Capital, a new $100 million joint-venture investment fund between Ireland and China, is aiming (...)

Openness, transparency and accountability ought to have been essential elements of the “democratic revolution” promised by Fine Gael and Labour when t(...)

 Taoiseach Enda Kenny said the company would be subject to the full rigours of the Freedom of Information (FOI) act.  Photograph: Brian Lawless/PA Wire

Taoiseach Enda Kenny said today he was aware of the €180 million cost of setting up Irish Water.He also said the company would be subject “to the full(...)

The National Pension Reserve Fund has invested €16 billion in AIB, comprising €3.5 billion in preference shares, €8.7 billion in ordinary stock and a capital contribution of €3.8 billion.  Photograph: Frank Miller

The Minister for Finance received some new year’s cheer this week with news that the paper value of the State’s holdings in AIB and Bank of Ireland(...)

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