The head of TV3 has called on the Government to end the “failed dual-funding mechanism” which allows RTÉ to earn revenue from both advertising and the TV licence fee.

Peter Brown and Nick Leeson are in agreement about one thing: Ireland is not about to miraculously recover from the recession any time soon.

As head of the Irish Bank Officials Association, Larry Broderick is charged with the unenviable task of negotiating the best deal possible for 2,500 AIB workers while keeping compulsory redundancies off the table, writes Kyran Fitzgerald

Shedding 2,000 jobs, restoring shaken morale, changing a disastrous culture and rebuilding the bank’s battered business are just some of the difficulties incoming AIB chief executive David Duffy will have to overcome, reports Kyran Fitzgerald

A suspected rogue trader was being questioned today after Swiss banking giant UBS discovered €1.48bn worth of unauthorised deals.

IF previous rogue traders are anything to go by, notoriety and possibly even a Hollywood film await the person behind the €1.66 billion UBS fallout.

A 31-year-old man was arrested in London today in connection with allegations of €1.48bn of rogue trading at Swiss banking giant UBS.

Galway United v Drogheda United

JÉRÔME KERVIEL, the man behind the biggest alleged fraud in banking history, is the first rogue trader to be exposed in the age of online social networking.

NICK LEESON said the revelation that a single trader lost €4.9 billion at French bank Societe Generale proved financial institutions had not learned their lessons.

Rogue trader Jerome Kerviel was today being blamed for aggravating the turmoil that saw tens of billions of pounds wiped off the UK stock exchange earlier this week.

Aer Arann have announced that it is teaming up with first division club Galway United in a sponsorship deal for the 2005 season.

BILLY WOODS is a doubt for tonight's eircom League Premier Division game between Cork City and Drogheda United at Turner's Cross.

Dutch bank ING today said it was giving up the right to trade any of its businesses as Barings – nine years after it salvaged the UK’s oldest merchant bank from insolvency.

Parallels between John Rusnak’s alleged €866m fraud and the collapse of Barings Bank expose ‘‘incompetence and negligence’’ in the banking world, rogue trader Nick Leeson claimed today.

The US banker at the centre of an alleged €866m fraud has met voluntarily with the FBI and federal prosecutors, his lawyer said.