Change of leadership at Deutsche Bank Deutsche Bank chief Josef Ackermann officially stepped down today. Business • 31 May 12
Change of leadership at Deutsche Bank Deutsche Bank chief Josef Ackermann officially stepped down today. Business • 31 May 12
EU urges Spain to explain Bankia rescue The European Union has urged Spain to rapidly clear up doubts over its mammoth rescue of stricken lender Bankia so as to calm investors fearing a financial breakdown. Business • 31 May 12
EU urges Spain to explain Bankia rescue The European Union has urged Spain to rapidly clear up doubts over its mammoth rescue of stricken lender Bankia so as to calm investors fearing a financial breakdown. Business • 31 May 12
Madrid share prices drop to nine-year closing low Madrid share prices plunged 2.58% to a nine-year closing low today as the government tried to contain investor fears about a banking and sovereign debt crisis. Business • 30 May 12
Madrid share prices drop to nine-year closing low Madrid share prices plunged 2.58% to a nine-year closing low today as the government tried to contain investor fears about a banking and sovereign debt crisis. Business • 30 May 12
RBS needs "freedom" to carry out turnaround Royal Bank of Scotland's CEO and management team need to be given the freedom to complete their five-year turnaround plan without excessive interference, the bank's chairman said. Business • 30 May 12
RBS needs "freedom" to carry out turnaround Royal Bank of Scotland's CEO and management team need to be given the freedom to complete their five-year turnaround plan without excessive interference, the bank's chairman said. Business • 30 May 12
Banks may need an extra €3-4 billion - Elderfield Ireland's banks will likely need a further €3-4 billion over the coming years to meet international capital requirements. Business • 30 May 12
Banks may need an extra €3-4 billion - Elderfield Ireland's banks will likely need a further €3-4 billion over the coming years to meet international capital requirements. Business • 30 May 12
No euro zone hopeful fit to join euro yet None of the eight countries on the waiting list to adopt the euro meets all the required membership criteria, the European Central Bank said today. Business • 30 May 12
No euro zone hopeful fit to join euro yet None of the eight countries on the waiting list to adopt the euro meets all the required membership criteria, the European Central Bank said today. Business • 30 May 12
S&P's cuts Danske rating on Irish challenges Danske Bank said that ratings agency Standard & Poor's had downgraded the bank's credit rating by one notch and adjusted its outlook upwards. Business • 30 May 12
S&P's cuts Danske rating on Irish challenges Danske Bank said that ratings agency Standard & Poor's had downgraded the bank's credit rating by one notch and adjusted its outlook upwards. Business • 30 May 12
Madrid stocks slump on bailout fears European equity markets mostly rose on Tuesday but Madrid tumbled on fears that debt-plagued Spain could be forced to seek a bailout. Business • 29 May 12
Madrid stocks slump on bailout fears European equity markets mostly rose on Tuesday but Madrid tumbled on fears that debt-plagued Spain could be forced to seek a bailout. Business • 29 May 12
Oil mixed amid Iran, euro zone concerns Oil prices were mixed in Asian trade today as investors weighed the euro zone's mounting debt woes with the prospect of a disruption to Middle East supplies, analysts said. Business • 29 May 12
Oil mixed amid Iran, euro zone concerns Oil prices were mixed in Asian trade today as investors weighed the euro zone's mounting debt woes with the prospect of a disruption to Middle East supplies, analysts said. Business • 29 May 12
Japan and China to start direct currency trading Japan and China will start direct currency trading this week, Tokyo said today, the first time Beijing has let a major unit other than the dollar swap with the yuan. Business • 29 May 12
Japan and China to start direct currency trading Japan and China will start direct currency trading this week, Tokyo said today, the first time Beijing has let a major unit other than the dollar swap with the yuan. Business • 29 May 12
Greek banks given €18 billion in fresh funds The four biggest Greek banks received €18 billion in rescue funds today to help reinforce their capital bases, a Hellenic financial stability fund source said. Business • 28 May 12
Greek banks given €18 billion in fresh funds The four biggest Greek banks received €18 billion in rescue funds today to help reinforce their capital bases, a Hellenic financial stability fund source said. Business • 28 May 12
Spanish debt costs spiral as crisis deepens Spanish 10 year borrowing costs neared the 7% danger level and Bankia shares hit record lows today. Business • 28 May 12
Spanish debt costs spiral as crisis deepens Spanish 10 year borrowing costs neared the 7% danger level and Bankia shares hit record lows today. Business • 28 May 12
Bankia shares suspended ahead of rescue details Shares in Spain's fourth-biggest lender Bankia SA have been suspended on the Madrid stock exchange today. Business • 25 May 12
Bankia shares suspended ahead of rescue details Shares in Spain's fourth-biggest lender Bankia SA have been suspended on the Madrid stock exchange today. Business • 25 May 12
Oil prices rebound on bargain hunting Oil prices rebounded slightly today as investors went bargain hunting after New York crude slumped below $90 a barrel the previous day, analysts said. Business • 24 May 12
Oil prices rebound on bargain hunting Oil prices rebounded slightly today as investors went bargain hunting after New York crude slumped below $90 a barrel the previous day, analysts said. Business • 24 May 12
US durable goods orders up 0.2% in April Orders for long-lasting factory goods edged up slightly in April but a key category that tracks business investment spending fell for a second straight month. Business • 24 May 12
US durable goods orders up 0.2% in April Orders for long-lasting factory goods edged up slightly in April but a key category that tracks business investment spending fell for a second straight month. Business • 24 May 12
NAMA faces big challenges in recovering loans The Comptroller and Auditor General says NAMA faces considerable challenges in achieving its goal of recovering the amount of money it has paid for developer loans. Business • 24 May 12
NAMA faces big challenges in recovering loans The Comptroller and Auditor General says NAMA faces considerable challenges in achieving its goal of recovering the amount of money it has paid for developer loans. Business • 24 May 12
Financial tax proposals approved by parliament The European Parliament has approved a contested financial tax. Business • 23 May 12
Financial tax proposals approved by parliament The European Parliament has approved a contested financial tax. Business • 23 May 12
Retailers predict €250m boost from Euro 2012 A new survey by Ireland’s largest retail industry group Retail Excellence Ireland reveals that Irish retailers are predicting a significant boost in retail sales this June from Ireland’s participation in Euro 2012. Business • 23 May 12
Retailers predict €250m boost from Euro 2012 A new survey by Ireland’s largest retail industry group Retail Excellence Ireland reveals that Irish retailers are predicting a significant boost in retail sales this June from Ireland’s participation in Euro 2012. Business • 23 May 12
Bank of England united in freezing rates Bank of England policymakers voted unanimously in favour of holding interest rates at a record low level this month. Business • 23 May 12
Bank of England united in freezing rates Bank of England policymakers voted unanimously in favour of holding interest rates at a record low level this month. Business • 23 May 12
Oil prices slide on profit-taking, strong dollar Oil recoiled today, hit by profit-taking and the stronger dollar on the eve of an informal meeting in Brussels where the euro zone's crippling sovereign debt crisis will top of the agenda. Business • 22 May 12
Oil prices slide on profit-taking, strong dollar Oil recoiled today, hit by profit-taking and the stronger dollar on the eve of an informal meeting in Brussels where the euro zone's crippling sovereign debt crisis will top of the agenda. Business • 22 May 12
Farm incomes rose last year by 32%: Teagasc Farm incomes rose last year by 32% according to the state farm body Teagasc. Business • 22 May 12
Farm incomes rose last year by 32%: Teagasc Farm incomes rose last year by 32% according to the state farm body Teagasc. Business • 22 May 12
Home loan customers attack PTSB mortgage rates The on-going row about mortgage rates charged by Permanent TSB blew up at the its parent company's agm today. Business • 22 May 12
Home loan customers attack PTSB mortgage rates The on-going row about mortgage rates charged by Permanent TSB blew up at the its parent company's agm today. Business • 22 May 12
Germany reiterates opposition to eurobonds A high ranking German official has reiterated ahead of a European Union summit that the government remains staunchly opposed to the idea of jointly-issued bonds from the euro zone. Business • 22 May 12
Germany reiterates opposition to eurobonds A high ranking German official has reiterated ahead of a European Union summit that the government remains staunchly opposed to the idea of jointly-issued bonds from the euro zone. Business • 22 May 12
AIB accepts LRC recommendations on redundancies The chief executive of AIB has written to staff confirming the bank has accepted the recommendation of the Labour Relations Commission in relation to redundancy payments. Business • 21 May 12
AIB accepts LRC recommendations on redundancies The chief executive of AIB has written to staff confirming the bank has accepted the recommendation of the Labour Relations Commission in relation to redundancy payments. Business • 21 May 12
Barclays to sell $6.1 billion BlackRock stake British bank Barclays said it will sell its 19.6% holding in US asset manager BlackRock, worth $6.1 billion and which it has held for almost three years. Business • 21 May 12
Barclays to sell $6.1 billion BlackRock stake British bank Barclays said it will sell its 19.6% holding in US asset manager BlackRock, worth $6.1 billion and which it has held for almost three years. Business • 21 May 12
