The Government's decision to extend its deposit guarantee scheme to a number of foreign-owned banks operating in Ireland has received a mixed response today.

Finance Minister Brian Lenihan has confirmed that the Government's bank guarantee scheme is to be extended to include more firms.

Blue-chip stocks sunk deeper into the red today as the US Government bank bail-out failed to reassure investors fearful of further woes in the European banking sector.

John O'Connor has been appointed managing director of Barclays Bank Ireland.

AN POST’S performance in delivering standard mail has fallen to 20% below target, the latest report shows.

COGNOTEC, the Dublin-based company that provides foreign exchange software to banks, made a profit for the first time in 2004.

AIB Capital Markets has announced that its Polonia Property Fund has acquired a second regional office building in Poland.

THE European Central Bank (ECB) is likely to leave interest rates on hold this year as it awaits clear signs of economic recovery.