European markets rise as ECB keeps stimulus going
ECB also reiterates that it believes inflation spike is temporary
ECB also reiterates that it believes inflation spike is temporary
Jim Pettigrew appointed as successor to Richard Pym
Despite the grumbles, pay restrictions look set to remain in place for the foreseeable
‘Strong personal reasons’ dissuade interim chair from position on a permanent basis
Donohoe indicates opportunity to sell off more shares in AIB, Bank of Ireland and Permanent TSB has been stymied by crisis
The 61-year-old, who became deputy chairman in November, succeeds Richard Pym
Market Beat: Pressure on the partially State-owned bank continue to mount
CEO’s pay more than eight times his AIB salary – despite losses at UK’s Virgin Money
Brendan McDonagh has been appointed as deputy chair until a successor is chosen
HR specialist Elaine MacLean also named as non-executive director
Business week: also in the news was banker pay; AIB; Irish Glass Bottle site, and Nama
Bank is considering the sale of a final batch of problem loans later this year
Deloitte partner Ann O’Brien and EFG executive Raj Singh to join on April 25th
Hunt succeeds Bernard Byrne, who announced his decision to leave in October
Donal Galvin has been chosen to replace Mark Bourke, who is departing AIB to join Portuguese lender Novo Banco
The year also saw the cost of the tracker-mortgage scandal top €1bn as lenders continued to set aside money for refunds, compensation and likely fines
Permanent TSB chief Jeremy Masding registers as lowest paid
Bank denies it used accounting arrangement to boost profits artificially
Analysis: AIB chief executive’s departure leaves department in tricky position
Move to Davy comes within months of CFO Mark Bourke signalling he was leaving too
Analysts agree that timing a share sale is far from straightforward
With the economy flying again, bankers are itching to loosen the shackles on their remuneration
Business Week: also in news were jobs, foreign direct investment and hatred of banks
Richard Pym says ban on bonuses makes it ‘very difficult’ for Irish-owned banks
Despite protests by investors, a decade after bailout banks still need push to do right thing
Paschal Donohoe knows the dangers inherent in AIB’s proposed share scheme
Scheme would offer deferred shares in bank each year up to equivalent of full salary
Dr Somers is being replaced by Catherine Woods
Proposal designed to protect savers but allow for bailing in of bondholders in a crisis
Banker and Minister accuse UK politicians of misleading British public over EU talks
Chairman says taxpayers will get back investment put in bank during financial crisis
Directors acquire shares at up to €4.945, well above initial public offering price of €4.50
Recent trading in AIB just the latest example of how clueless traders can inflate stocks
Investment banks secure demand to cover maximum 28.8% AIB stake State is selling
AIB went from a €270m dividend payout in 2008 to near death to remarkable revival
Business Week: eventful week for AIB, tax consolidation in the EU, and company results
Richard Pym said breaches came at time when bank had ‘eye off the ball’
Seen and Heard: Legal battle over M50 contract; AIB bankers’ pay; Ryanair Sun launch
Chief executive Bernard Byrne’s total payment rose to €600,000 last year
Also in the news – Brexit headwinds, AIB pay, and Dublin Airport developments
AIB pressed to pay ‘progressive’ dividends to drive valuation
Richard Pym suggests Ireland is in a unique position to benefit from ‘Britain’s folly’
Richard Pym says legacy problems largely solved and State is free to sell its equity stake
Chairman Richard Pym tells staff decision will have profound economic effect on islands
Fears for 900 private dwellings as Ulster Bank sells distressed mortgage portfolio
Figures suggest slowdown in bank’s progress on impaired loans
Strong profitability paves way to repay further €1.6bn of taxpayer aid
Richard Pym to step down from UK Asset Resolution Limited in June 2016
Paddy Power Betfair will pay chairman Gary McGann €450,000 this year
About 60% of Irish companies selling goods overseas are already affected
State-owned lender paid executives and board members just under €2.7m last year
AIB handing over cheque for €1.87bn to State a nicely timed bounty for Government
Initial repayment for taxpayer assistance will balance exchequer books for 2015
Bank says it has already paid €3bn to the Government in various fees
Crosswords & puzzles to keep you challenged and entertained
Inquests into the nightclub fire that led to the deaths of 48 people
How does a post-Brexit world shape the identity and relationship of these islands
Weddings, Births, Deaths and other family notices