The shares of Metro Bank, one of the so-called challenger lenders in the UK, have touched another record low despite its assurances that its £350m (€400m) shares sale to repair its finances was well advanced.

The High Court has granted Quinn Insurance and the administrators appointed to the group permission to retain the services of merchant bankers Macquarie Capital Europe to advise them in any prospective sale of the group.

The High Court has granted Quinn Insurance and the administrators appointed to the group permission to retain the services of merchant bankers Macquarie Capital Europe Ltd to advise them in any prospective sale of the group.

Colin Hunt has been appointed to the board of Aer Lingus as a non-executive director with immediate effect. Mr Hunt, a nominee of the Minister for Finance Brian Cowan will be designated as “Minister’s Nominee” in accordance with the company's articles of association.

MACQUAIRE Bank has appointed Colin Hunt as division director, responsible for its Irish corporate advisory activities.