Paschal Donohoe: no commitment to policy changes at this time. Photograph: Collins

Paschal Donohoe, the Minister for Finance, says he won’t commit to backing the return of bankers’ bonuses at State-controlled AIB “at this stage”, aft(...)

Brown Thomas concierge  Jim Kearns puts a sign up in the Dublin city-centre store announcing its temporary closure due to adverse weather. Photograph: Brenda Fitzsimons

Bad weather will wipe about €15 million off turnover for Dublin city’s traders, business promotion group Dublin Town has said. The group expects foot(...)

AIB’s office in Ballsbridge, Dublin, during a cold spell in 2010. Photograph: Brenda Fitzsimons/The Irish Times

A number of financial services institutions closed on Wednesday on the back of the red weather warning issued by Met Éireann. Permanent TSB, Ulster (...)

Dermot Ryan: former  head of external affairs at Amnesty International Australia and chief of staff of Australia’s Transport Worker Union

The Financial Services Union (FSU) has tapped the Irish head of external affairs at Amnesty International Australia in its search for a successor to t(...)

Ulster Bank said it was committed to paying people fairly and motivating and rewarding staff. Photograph: Nick Bradshaw

Ulster Bank has agreed to a proposal from Ireland’s Financial Services Union (FSU) to increase pay for staff by between 2 and 5 per cent. Following (...)

Financial Services Union general secretary Larry Broderick has ruled out joining corporate boards after he retires next year. Photograph: Tommy Clancy

The head of the Financial Services Union (FSU), Larry Broderick, has called on the State to maintain a bonus cap on the bailed-out banks and set out a(...)

New Bank of Ireland chief executive: Francesca McDonagh said in a video message that she plans to ask staff for feedback and engage directly with customers

Bank of Ireland is understood to be reviewing its €900 million information-technology scheme, by far the biggest project inherited by the lender’s new(...)

Allied Irish Bank: no longer plans to offshore roles in its IT operations unit, where 129 staff were outsourced to Wipro more than two years ago.  Photograph: Paul McErlane

AIB has changed its mind on offshoring certain IT functions to India as part of its five-year outsourcing arrangement with Wipro. It is understood tha(...)

Michael Noonan quietly exited the Department of Finance as  Paschal Donohoe was appointed Minister for Finance. File photograph: Clodagh Kilcoyne/Reuters

So there’s a new sheriff in town. Michael Noonan slipped quietly out the side door this week as Enda Kenny lapped up the last of the adulation before(...)

The Government is looking to raise as much as €3.8 billion from the IPO, and the Financial Services Union will be seeking a return to profit-sharing  from the bank’s CEO Bernard Byrne. Photograph: Aidan Crawley/Bloomberg

The head of the Financial Services Union (FSU) has fired a shot across the bows of AIB chief executive Bernard Byrne, saying he will be seeking a retu(...)

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