Citi Bank has decided to close its office in Waterford. It employs around 50 people.

Stormont leaders are set for another stateside mission in search of potential investors.

MORTGAGE holders could see their repayments soar by the end of next year — Citi Bank is expecting five interest rate increases from the European Central Bank (ECB) between now and then.

US bank Citi is to create 250 jobs next year in Dublin and Waterford..

A BANKING inquiry is not a matter of priority for the Government according to the Taoiseach, Brian Cowen, who said the factors that led to problems in financial institutions will be examined “in due course”.