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Slump into loss-making territory was foreseen for some time, says Minister for Finance Michael McGrath
Report comes as credit unions look to increase lending to take on established banks
Move gives existing investors the chance to avoid having their stakes diluted by a placing last week
ECB chief economist Philip Lane brushes off fears that loosening euro-zone monetary policy before US Fed could backfire
Number of businesses have started providing homes for their workers amid shortage
Second major project in Australia unveiled this month as group tries to move on from Chile woes
Appointment likely to come from wider Bank of Ireland group or further afield rather than from internal Davy candidates
Insurer returns to profit on insurance business as motor premiums rise but investments continue to deliver lion’s share of earnings
Taoiseach expected to reiterate Government pledges for tax cuts and welfare increases at National Economic Dialogue in Dublin
Homebuilder Cairn buys Dublin site, Blanchardstown SC debt deal; CRH invests in Ukraine and Citigroup staff unease
Research suggests State unlikely ever to be more than minority provider of development capital for homes
Post-Covid management team trying to turn business around, addressing loss-making facilities and need for investment
Successful quarterly earnings at US chipmaker Nvidia have boosted technology shares on global markets
Investors told the group plans to invest ‘in the region of €2 billion future proofing’ the business over the next four years, by chief executive
Owners of independently owned units will not be impacted by process