Spain's troubled Bankia plunges on audit questions Spain's Bankia, taken over by the state because of its troubled loan portfolio, plummeted on the stock market today after an audit raised questions over its 2011 results. Business • 16 May 12
Spain's troubled Bankia plunges on audit questions Spain's Bankia, taken over by the state because of its troubled loan portfolio, plummeted on the stock market today after an audit raised questions over its 2011 results. Business • 16 May 12
Govt may secure funding from EU for businesses The Irish government is confident it will secure additional capital from the European Investment Bank to fund infrastructural projects and financing businesses. Business • 15 May 12
Govt may secure funding from EU for businesses The Irish government is confident it will secure additional capital from the European Investment Bank to fund infrastructural projects and financing businesses. Business • 15 May 12
Spanish Repsol takes steps against Argentina Spanish oil major Repsol has said today it had taken the first step in a process to pursue legal action against Argentina for seizing energy firm YPF. Business • 15 May 12
Spanish Repsol takes steps against Argentina Spanish oil major Repsol has said today it had taken the first step in a process to pursue legal action against Argentina for seizing energy firm YPF. Business • 15 May 12
Moody's slashes ratings for 26 Italian banks Moody's slashed its credit ratings by up to four notches for 26 Italian banks last night, including UniCredit and Intesa Sanpaolo. Business • 15 May 12
Moody's slashes ratings for 26 Italian banks Moody's slashed its credit ratings by up to four notches for 26 Italian banks last night, including UniCredit and Intesa Sanpaolo. Business • 15 May 12
FBI opens JPMorgan Chase investigation - reports The New York office of the FBI has opened an investigation into JPMorgan Chase & Co's $2 billion trading loss, a source familiar with the probe has said today. Business • 15 May 12
FBI opens JPMorgan Chase investigation - reports The New York office of the FBI has opened an investigation into JPMorgan Chase & Co's $2 billion trading loss, a source familiar with the probe has said today. Business • 15 May 12
JPMorgan investment chief resigns after big loss JPMorgan Chase said its chief investment officer Ina Drew was resigning in the wake of the bank's stunning $2 billion loss on derivatives trading. Business • 14 May 12
JPMorgan investment chief resigns after big loss JPMorgan Chase said its chief investment officer Ina Drew was resigning in the wake of the bank's stunning $2 billion loss on derivatives trading. Business • 14 May 12
Spanish banks' borrow record sum from ECB Spain's banks boosted borrowing from the European Central Bank to a new record in April, as they took advantage of emergency cheap loans. Business • 14 May 12
Spanish banks' borrow record sum from ECB Spain's banks boosted borrowing from the European Central Bank to a new record in April, as they took advantage of emergency cheap loans. Business • 14 May 12
IBRC says Quinn evidence is ''incredible'' The former Anglo Irish Bank has described the evidence of the Quinns, denying that they had breached court orders in relation to international assets, as "incredible" and "fantastic". Business • 10 May 12
IBRC says Quinn evidence is ''incredible'' The former Anglo Irish Bank has described the evidence of the Quinns, denying that they had breached court orders in relation to international assets, as "incredible" and "fantastic". Business • 10 May 12
Spain calms market fears with Bankia takeover Spain stamped out immediate fears of a banking catastrophe today by nationalising its fourth-largest listed bank, Bankia. Business • 10 May 12
Spain calms market fears with Bankia takeover Spain stamped out immediate fears of a banking catastrophe today by nationalising its fourth-largest listed bank, Bankia. Business • 10 May 12
Banks should be recapitalised directly - Honohan The Central Bank Governor said last night that not allowing temporary or permanent bail-out funds to directly recapitalise banks directly is a "missed opportunity". Business • 09 May 12
Banks should be recapitalised directly - Honohan The Central Bank Governor said last night that not allowing temporary or permanent bail-out funds to directly recapitalise banks directly is a "missed opportunity". Business • 09 May 12
Bankers win bonus lawsuit against Commerzbank A group of London investment bankers today won their High Court battle to receive a total of €50m in unpaid bonuses. Business • 09 May 12
Bankers win bonus lawsuit against Commerzbank A group of London investment bankers today won their High Court battle to receive a total of €50m in unpaid bonuses. Business • 09 May 12
HSBC profits from emerging markets HSBC today unveiled big first-quarter profits, helped by emerging markets growth and higher income at its investment banking division. Business • 08 May 12
HSBC profits from emerging markets HSBC today unveiled big first-quarter profits, helped by emerging markets growth and higher income at its investment banking division. Business • 08 May 12
Spain moves reluctantly to save major bank Spain will swoop in with public money to clean up huge bad loans at the nation's fourth-biggest listed bank, Bankia, the government has said. Business • 08 May 12
Spain moves reluctantly to save major bank Spain will swoop in with public money to clean up huge bad loans at the nation's fourth-biggest listed bank, Bankia, the government has said. Business • 08 May 12
BNP Paribas earnings boosted by asset sales France's largest bank BNP Paribas said today its first quarter net profit rose 9.6% to €2.86 billion, boosted by a large asset sale gain. Business • 04 May 12
BNP Paribas earnings boosted by asset sales France's largest bank BNP Paribas said today its first quarter net profit rose 9.6% to €2.86 billion, boosted by a large asset sale gain. Business • 04 May 12
Ulster Bank puts more aside for bad debts Challenging economic conditions continue to affect Ulster Bank's financial performance, its parent group Royal Bank of Scotland said today. Business • 04 May 12
Ulster Bank puts more aside for bad debts Challenging economic conditions continue to affect Ulster Bank's financial performance, its parent group Royal Bank of Scotland said today. Business • 04 May 12
SocGen profit fall 20%, but beats forecasts French bank Société Générale today reported a 20.1% drop in quarterly net profit to €732m due to a €119m charge for risky debt. Business • 03 May 12
SocGen profit fall 20%, but beats forecasts French bank Société Générale today reported a 20.1% drop in quarterly net profit to €732m due to a €119m charge for risky debt. Business • 03 May 12
EU nations take sides over tougher bank rules Britain and Sweden, backed by eastern European allies, squared off with Germany, France and other EU states today over rules to harden the defences of banks against any crisis. Business • 02 May 12
EU nations take sides over tougher bank rules Britain and Sweden, backed by eastern European allies, squared off with Germany, France and other EU states today over rules to harden the defences of banks against any crisis. Business • 02 May 12
Standard Chartered makes 'strong start' to 2012 Asia-focused emerging markets bank Standard Chartered today said it had made a "strong start" to 2012. Business • 02 May 12
Standard Chartered makes 'strong start' to 2012 Asia-focused emerging markets bank Standard Chartered today said it had made a "strong start" to 2012. Business • 02 May 12
UBS first quarter profits slide by 54% Swiss banking giant UBS's net profit slid by 54% to 827 million Swiss francs (€688m) in the first quarter of 2012. Business • 02 May 12
UBS first quarter profits slide by 54% Swiss banking giant UBS's net profit slid by 54% to 827 million Swiss francs (€688m) in the first quarter of 2012. Business • 02 May 12
State support helps European banks ratings An assumption that governments will bail them out is keeping European banks' debt above junk status in the opinion of major rating agencies, but such implicit reliance on state aid is clouding future attempts to raise capital from private investors. Business • 01 May 12
State support helps European banks ratings An assumption that governments will bail them out is keeping European banks' debt above junk status in the opinion of major rating agencies, but such implicit reliance on state aid is clouding future attempts to raise capital from private investors. Business • 01 May 12
Hedge fund charges skewed against investors-report An investor advisory group levelled fresh criticism at the high fees imposed by hedge funds and urged them to cut their take of gains on the assets they manage. Business • 01 May 12
Hedge fund charges skewed against investors-report An investor advisory group levelled fresh criticism at the high fees imposed by hedge funds and urged them to cut their take of gains on the assets they manage. Business • 01 May 12
Permanent TSB to cut variable mortgage rates Permanent TSB is to cut its standard variable interest rate for residential mortgage holders by 0.50 percentage points. Business • 01 May 12
Permanent TSB to cut variable mortgage rates Permanent TSB is to cut its standard variable interest rate for residential mortgage holders by 0.50 percentage points. Business • 01 May 12
Lloyds bank takes further mis-selling hit Britain's Lloyds Banking Group said it would set aside another £375m sterling to cover compensation for people mis-sold insurance. Business • 01 May 12
Lloyds bank takes further mis-selling hit Britain's Lloyds Banking Group said it would set aside another £375m sterling to cover compensation for people mis-sold insurance. Business • 01 May 12
Euro zone lending still weak - ECB Euro zone lending to the private sector remains weak, despite the vast amounts of cheap cash banks in the region recently borrowed from the ECB. Business • 30 Apr 12
Euro zone lending still weak - ECB Euro zone lending to the private sector remains weak, despite the vast amounts of cheap cash banks in the region recently borrowed from the ECB. Business • 30 Apr 12
Spain falls back into recession Spain has gone back into recession, as the government pressed ahead with unpopular spending cuts to rein in burgeoning debt. Business • 01 May 12
Spain falls back into recession Spain has gone back into recession, as the government pressed ahead with unpopular spending cuts to rein in burgeoning debt. Business • 01 May 12
