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Ceccato will start his new role later this month

Ceccato to lead Barclay's Irish unit

Investment banker Francesco Ceccato is taking the helm of Barclays' Irish unit, where the bulk of its European business has shifted in recent years following Britain's vote to leave the EU.

Business • 08 Sep 20

Digital finance apps like Revolut and N26 are growing rapidly in Ireland - particularly among younger users

Rise of money apps threatens to undermine Irish banks

After many false dawns, it now appears as though real competition has arrived. The only catch is that you need to be comfortable having your bank branch on your phone rather than the high street.

Business • 07 Sep 20

Taoiseach Leo Varadkar stressed the importance of access to credit for Irish businesses

Taoiseach meets CEOs of Ireland's main banks

Taoiseach Leo Varadkar has emphasised the important role of the banking sector in supporting the gradual reopening of the economy during a meeting with the chief executives of the five main Irish banks.

Business • 11 May 20

Lloyds Banking Group was hit with a £1.8 billion fine relating to the payment protection insurance scandal

Lloyds Bank reports 26% drop in profits due to PPI fine

Lloyds Banking Group has revealed that annual profits slumped by more than a quarter after it was hit by a #2.5 billion bill for the payment protection insurance (PPI) scandal.

Business • 20 Feb 20

Ireland continued to motor well in 2019 - but there were plenty of challenges across the economy

Beyond Brexit: The big business stories of 2019

It may have felt as though Brexit was the only thing in the business bulletins this year - but an awful lot more happened beyond Boris and the backstop.

2019 in Review • 23 Dec 19

N26 has been providing services here for two years

Digital bank N26 planning significant investment here

Digital only bank N26 has said it is planning to significantly increase its investment in the Irish market next year and is considering adding new services here.

Business • 12 Dec 19

As online and mobile banking usage grows, so does the risk of cyber attacks and data breaches

Cyber attacks and data breaches a concern for EU banks

The European Banking Authority (EBA) has said that cyber attacks and data breaches represent major concerns for banks.

technology • 29 Nov 19

AIB said 75% of the portfolio had been non-performing for two years or more

AIB sells loan portfolio for €700m in cash

AIB has sold a portfolio of underperforming loans to a consortium led by Everyday Finance for €700m in cash.

Business • 01 Nov 19

Online shoppers will now face more security steps - but they may also have new services available too

Bank to the future: online banking set for big changes

While banks may have once treated mobile and online as an add-on to the service offered by branches, an increasingly digitised user - as well as incoming changes from Europe - look set to make them the most important shop front for their customers.

Analysis and Comment • 14 Sep 19

PTSB CEO Jeremy Masding bought more than 13,600 shares in the bank he manages

PTSB's chairman and CEO buy bank shares

Permanent TSB's chairman and CEO have each acquired shares in the bank, according to a stock market announcement by the lender.

Business • 29 Jul 19

Brian Hayes said he is well aware of the banking industry's standing and the legacy issues that remain

No quick fix for banking industry reputation - IBF boss

The new head of the banking industry body here has said lending decisions taken by banks before the crash and the subsequent tracker mortgage scandal point to a lack of character.

Business • 12 Jul 19

Overall Irish banks have demonstrated stability, the agency says

Fee increases will be critical for Irish banks - S&P

Increasing fees and commissions will be critical for Irish banks in the coming years, in order to offset pressure on the difference between the amount of interest they earn versus what they pay out to those lending them money.

Business • 15 May 19

Mr Masding said it is his belief that the market value and intrinsic value of PTSB shares will align over time

PTSB boss says a merger is not at the top of his agenda

The chief executive of Permanent TSB (PTSB) has said a possible tie-up between the bank and another financial institution is not at the top of his agenda at present.

Business • 14 May 19

Philip Lane said the advantage of the tool is that it improves loss-absorbing capacity if a systemic risk event occurred

Central Bank seeks power to make banks increase capital

The Governor of the Central Bank has written to the Minister for Finance asking him to put in place measures that would enable the regulator to force banks to hold more capital if systemic risks increase.

Business • 16 Apr 19

Gavin Kelly, CEO of Bank of Ireland's Retail Ireland division, was speaking at the Oireachtas Finance Committee

Bank of Ireland defends customer fees and charges

Bank of Ireland has defended its charges and fees where customers pay one cent per contactless card payment and ten cents for chip and PIN transactions.

Business • 04 Apr 19

Citi's branches in 22 countries across Europe have been consolidated in its Dublin operation since 2016

Citi's Dublin and German offices are Brexit-ready

International banking group, Citi, says its new investment arm has started trading across Europe out of Frankfurt, following its move there in anticipation of Brexit.

Business • 19 Mar 19

The move shows Barclays putting its Brexit contingency plans into action

Barclays shifting ownership of branches to Ireland

Barclays has begun shifting direct ownership of its French, German and Spanish branches from a British-based entity to its Irish bank, according to sources with direct knowledge of the plans, ahead of Britain's exit from the European Union.

Business • 13 Aug 18

Valdis Dombrovskis, European Commission Vice President

Ireland set to gain from Capital Markets Union

The Vice President of the European Commission has said Ireland would benefit from a capital markets union given the country's dominant position in asset management.

Business • 31 Jan 18

Five ways to boost your household finances in 2018

If you have, like many of us, renewed the annual vow to sort out the household finances once and for all in 2018, here are some tips to help along the way.

Your Money • 07 Aug 18

A number of office developments in Dublin city have already been earmarked for financial institutions

Frankfurt and Dublin battle for bankers post-Brexit

"I'm here to send you the regards of the Federal Chancellor. I am entitled to tell you we want you in Germany." This private message from Angela Merkel, delivered by a regional politician to Wall Street bankers last year, is having the desired effect.

Business • 21 Aug 17

Frankfurt looks set to be one of the biggest winners from any exodus from London, with several major investment banks said to be in talks to base people there

Banks meeting German regulators over Brexit moves

German regulators will meet more than 20 foreign banks on Monday to spell out requirements for moving some operations to Frankfurt.

Business • 25 Jan 17

The vast majority of current account switches were done within the time frame required by the Central Bank

Bank account switching remains low - Central Bank

The number of people switching banks remains low, according to new figures from the Central Bank.

Business • 22 Nov 16

Mario Draghi argues that excessive deregulation was the chief cause of the global financial crisis

Draghi: Banking regulation should not be reversed

The global banking sector needs to be well regulated and measures already decided should not be rolled back, European Central Bank President Mario Draghi has said.

Business • 18 Nov 16

There has been an increase in the cost of insuring the risk of Deutsche Bank - whose share value dropped 13% early last week

Europe's banks 'far from out of the woods'

The Head of International Finance at the Centre for European Economic Research in Germany (ZEW) has said Europe's banks are "far from out of the woods when it comes to the euro zone crisis", as highlighted by volatility in Deutsche Bank's share price in the past week.

Business • 16 Feb 16

An emergency meeting on the Banking Inquiry is due to take place this evening

Banking committee disagrees over draft report

Serious problems have arisen within the Oireachtas Banking Inquiry with some members questioning whether it will be able to agree a report.

News • 02 Dec 15