Several eurozone banks are falling short of the European Central Bank’s expectations by paying bonuses in cash, which fosters a short-sighted approach to management, the ECB’s top supervisor Andrea Enria has told a conference in Dublin.

The Government has been called on to put together a proper bid for Ireland to host the new European Labour Authority (ELA), with Cork flagged as a viable location.

Some 28 bankers in Ireland earn over €1m, according to regulator European Banking Authority.

AIB fared relatively better than its main rival Bank of Ireland in so-called stress tests conducted on large European banks by regulators, but the outlook for their shares will likely remain clouded for some time.

A US financial services firm involved in the multi-billion financial derivatives business has opted to set up in Ireland as Brexit draws closer.

The ECB has advertised for a new bank supervisory chief, looking for an expert to oversee a sector still weighed down by bad loans and weak profitability following the bloc’s debt crisis.

Business growth is rolling on and the exchequer is benefiting in no small way.

France has effectively stepped up the pressure on Ireland and other EU countries in the fight to lure London banking jobs after Brexit by making it less expensive to sack financial traders.

We cannot “screw” up Ireland for our children and grandchildren, says the former secretary general of the Department of Finance.

The European Banking Authority (EBA) will not relocate to Dublin after it leaves the UK, after the Irish capital was pipped at the post by Paris in dramatic fashion.

Ireland has lost out of hundreds of high-paid jobs, tens of millions of euro in revenue and the chance to fully restore our international financial credibility after losing a European Banking Authority bidding war by the bounce of a ball.

A national innovation food hub to be based in Cork will be announced by Taoiseach Leo Varadkar and Agriculture Minister Michael Creed today.

A national innovation food hub to be based in Cork will be announced by Taoiseach Leo Varadkar and Agriculture Minister Michael Creed today.

France's economy minister has called for "more clarity and less ambiguity" from the UK Government on its plans for Brexit.

Europe’s banking and medical oversight agencies are seen as the first tangible spoils that the remaining EU 27 countries will secure from Brexit.

Dublin is among more than 20 European cities battling to become the new homes to two EU agencies which will leave London because of Brexit.

Almost all EU countries are likely to bid to host the two major regulatory agencies that have to be relocated from London, setting up a potential squabble between the 27 remaining members that have so far shown a united front on Brexit.

The ECB’s vice president yesterday called for the creation of government-backed bad banks to help buy some of the €1tn in unpaid loans that have weighed on eurozone banks since the financial crisis.

A proposal under discussion by Klaus Regling and other senior European officials to create a Nama-like ‘bad bank’ to buy out bad loans weighing down Europe’s banks could boost the Government’s hopes of selling shares in AIB this year, according to an Irish expert.

Enda Kenny is being told to step up Ireland's response to Brexit amid warnings Theresa May's blueprint will reimpose a hard border on the island.

Anyone trying to make an online purchase worth as little as €10 could soon have to give much more security information just to have their transaction processed.

The Government has confirmed it will make a pitch for a second EU regulator to relocate its offices and staff from the UK following the Brexit decision by seeking to lure the European Banking Authority (EBA) to Ireland

Former taoiseach John Bruton has warned that Brexit could increase smuggling along the border.

Central Bank governor Philip Lane has called for a radical resetting of a key debt reduction target for the State, suggesting the traditional debt goal sanctioned by the EU does not work that well for the vulnerable Irish economy.

Despite the compelling economic recovery story that has been steadily building over the past couple of years, objective observers of the economy have recognised the health of the banking sector as an ongoing source of concern for Ireland.

An EU-wide stress test suggests that our banks are not in fact on top of their game as they would have us believe.

Ireland’s economy has so far weathered the storm but remains “especially vulnerable” should the UK fail to strike a favourable deal in its Brexit talks with the EU, says Central Bank governor Philip Lane.

Shares in Bank of Ireland, Ulster Bank owner RBS, as well as Barclays fell as stock markets responded for the first time to the results of the stress tests of 51 European banks.

The most direct casualty of Brexit so far appears to be the UK’s property investment funds industry, with six funds worth over £15bn (€17.5bn) now refusing to allow savers access to their cash.

Spain will compete with countries including Austria to host the European Banking Authority (EBA) as the UK’s decision to depart from the EU forces it to seek a new home.

Ireland is ideally placed to take control of some of the most powerful European agencies currently based in the UK, a number of Irish MEPs have claimed.

It used to be the case that reports on the health of European banks merited front-page headlines. Former regulators such as Matthew Elderfield and Patrick Honohan were household names.

An EU deal to satisfy UK Prime Minister, David Cameron’s demands for greater UK sovereignty may include two-track banking rules for eurozone countries and those outside the currency bloc.

Sharon Donnery — who as director of credit institutions is the senior regulator over the banks — has been promoted to deputy governor post at the Central Bank.

Most US economic commentators will tell you one of the main reasons the US is recovering better than Europe is because the US cleaned up the balance sheets of the US banks.

Some 53 EU banks will undergo a stress test with a difference next year: None of them will fail.

The number of bankers earning €1m a year or more in the EU has started to fall even before the impact of a cap on bonus payments is fully felt, the bloc’s banking watchdog said yesterday.