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For the first seven months of 2019, financial penalties imposed on banks around the world totalled $5.6 billion.

Fines issued to banks for non-compliance with anti-money-laundering (AML), know-your-customer (KYC) and other regulations, have reached $5.6 billion ((...)

While An Post has been impacted by the Covid crisis, it won plaudits for keeping its postal services operating during the lockdown. Photograph: Bryan O’Brien

Businesses have had plenty to contend with over the past 12 months with increased US-China tensions and Brexit among the pressures. That was even befo(...)

Photograph:  Yann Schreiber/AFP via Getty Images

The European Central Bank asked lenders to hold off on paying dividends until next year to conserve their financial strength as the coronavirus pandem(...)

The need to fix the online groceries profit condundrum is critical for many of today’s supermarkets. Photograph: iStock

Jo Ronan had never done a grocery shop online before Covid-19. Now, she and her husband Mike doubt they will venture back into a supermarket until at (...)

German Chancellor Angela Merkel  and French President Emmanuel Macron leave after their joint video press conference at the end of the European summit. Photograph:   John Thys/Pool/AFP via Getty Images

Stocks advanced globally alongside US equity futures after European leaders reached a deal on a landmark stimulus package. The Stoxx Europe 600 Inde(...)

Charlize Theron stars in new Netflix film release The Old Guard.

Netflix has been downgraded to a “neutral” recommendation from “buy” by stock analysts at UBS, which cited valuation after a pronounced rally in the v(...)

Fenergo founder and chief executive Marc Murphy.

Irish fintech company Fenergo is on target to surpass $105 million in revenues (€93.5 million) during this financial year and is optimistic it can gro(...)

The sun reflecting off the  ING building in Bucharest, Romania

ING, the largest Dutch bank, said on Friday that chief risk officer Steven van Rijswijk would replace Ralph Hamers as the chief executive officer from(...)

 Ryanair boss  Michael O’Leary: “Once we start flying in July we will sell at whatever price we can to fill as many of those seats as we can”

Airlines have been cleared for take off in July. After a three-month lockdown they are hoping that people will have had more than enough of local plea(...)

AIB: bonds were sold through a holding company set up at the top of the bank’s corporate tree in late 2017.

AIB raised €625 million to boost its capital reserves on Tuesday through the sale of the riskiest form of bank debt. The bank received a total of €5(...)

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