M&G plc, the international savings and investments business, announced it has acquired a 41% stake in Finance Ireland, Ireland’s largest non-bank lender. The investment is on behalf…

The European Central Bank (ECB) announced it is planning to gradually revamp its €344 billion corporate debt portfolio to favour greener firms. The ECB said…

The European Central Bank (ECB) is discussing ways to stop big banks earning billions of euros of extra profit from the cheap lending scheme it…

Record energy prices drove the inflation rate for the countries using the Euro currency to a record 8.6% in the year through June. “Euro area…

Foreign direct investment (FDI) in Ireland rose €16.9 billion to a record €1.126 trillion in 2020, according to Ireland’s Central Statistics Office (CSO). The CSO…

Eurogroup president Paschal Donohoe has said the eurozone has the “ability to navigate through the changes that are taking place” amid widespread market volatility and denied…

Banco Santander announced that Héctor Grisi, currently CEO of Santander Mexico and head of North America, will become group chief executive officer (CEO), effective January…

The US Federal Reserve on Wednesday raised interest rates by 0.75% in the biggest increase since 1994, and chair Jerome Powell signaled another big move…

The European Central Bank (ECB) moved on Wednesday to address fears that the eurozone is on the brink of another debt crisis. Government borrowing costs…

The euro remains the second most widely used currency globally after the US dollar, according to the annual review of the international role of the euro published…

Global shares edged mainly higher on Tuesday and Wall Street seemed set for a stronger open after Monday’s sell-off confirmed a bear market for the US…

The European Central Bank on Thursday signaled an end to its bond-buying stimulus program and said it would deliver its first interest rate hike since…

The multinational-dominated sectors of Ireland’s economy helped drive gross domestic product (GDP) up 10.8% to €115.5 billion in the first quarter of 2022, according to…

Tax receipts in Ireland rose 27% to €30.1 billion in the five months to the end of May, according to the latest exchequer returns from…

AIB Group plc confirmed that Allied Irish Banks plc entered into a binding agreement with NatWest Group and Ulster Bank Ireland DAC for the acquisition…

The Eurozone’s annual inflation rose to a record high of 8.1% in May, up from 7.4% in April, according to a flash estimate from Eurostat, the statistical…

The Central Bank of Ireland has published its 2021 annual report and annual performance statement, showing it made a financial profit of €1.32 billion, with…

The Czech Republic has joined the list of countries that are covered by the European Bank for Reconstruction and Development (EBRD)’s equity research programme for…

By Mark McSherry The European Central Bank has warned that crypto-assets “will pose a risk to financial stability” if the present trajectory of growth continues “and…

German life sciences and technology giant Merck announced it is expanding its membrane and filtration manufacturing capabilities in Ireland. The company will invest €440 million…

EirGrid has welcomed the decision by An Bord Pleanála to grant approval for the €1bn Celtic Interconnector Project, subject to a number of conditions. The…

The European Central Bank (ECB) has warned that too many international investment banks continue to serve euro zone clients out of London and that the…

Global debt increased by $3.3 trillion to a new record high of over $305 trillion in the first quarter (Q1) of 2022, according to the…

The European Commission on Wednesday launched a €210 billion draft plan for how Europe can end its reliance on Russian fossil fuels by 2027. Russia…

By Mark McSherry German insurance and asset management giant Allianz has agreed to pay around $6 billion over the collapse of its Structured Alpha funds early in…

Fund companies in Germany recorded net new business of €45.1 billion in the first quarter of 2022, according to BVI, Germany’s investment funds association. Around 700…

Hydrovolt, a giant battery recycling joint venture between Swedish lithium-ion battery firm Northvolt and Norwegian aluminium maker Norsk Hydro, has started commercial recycling operations at its…

The European Commission and the European Investment Bank (EIB) have signed a “Guarantee Agreement” through which the Commission will support up to €26.7 billion of EIB…

Global real estate firm Hines announced that Hines European Property Partners (HEPP), its new diversified, open-ended “core-plus” property fund focused on key European markets, has…

Shares of EuroAPI, Sanofi’s pharmaceutical ingredients spinoff, rose on their first trading day on Euronext Paris. The issue price of EuroAPI shares was set at…

The global securities lending industry generated $828 million in revenue for lenders in April 2022, according to DataLend, the market data service of fintech EquiLend….

By Mark McSherry European Commission antitrust regulators have charged iPhone maker Apple with allegedly restricting rivals’ access to its technology used for mobile wallets. Apple…

Allied Irish Banks (AIB) announced it is has entered into exclusive discussions with NatWest Group plc for the acquisition of €6 billion of Ulster Bank…

LaSalle Investment Management said it is launching a €500 million pan-European “urban hotel aggregation strategy” via a strategic partnership with digital hotel operator NUMA Group….

Credit Suisse Group announced on Wednesday a number of major changes to its executive board and management team — including the appointment of Bank of…

Bank of Ireland announced late on Tuesday that Francesca McDonagh has informed the board of Bank of Ireland Group plc of her intention to step…

A senior European Central Bank (ECB) official on Monday launched an attack against the $1.3 trillion cryptocurrency market, comparing it to a “Ponzi scheme” and calling…

International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas has warned that a potential new multipolar world — where Europe and the US are in one system…

The European Central Bank (ECB) on Thursday confirmed its plans to end its massive bond-buying stimulus scheme in the third quarter of 2022 — as…

A European Central Bank (ECB) survey showed on Tuesday that Euro zone banks plan to sharply tighten access to corporate credit in the second quarter…