News Source: Independent
| about 1 month ago
Irish shares snapped a three-day losing streak yesterday, with the Iseq Overall Index rallying 2.7pc, as investors globally cheered news of a greater-than-expected recovery of the US economy in the third quarter...Market heavyweight CRH , which...
News Source: Independent
| about 1 month ago
Minister Brian Lenihan last night raised the prospect that the State's bad bank will be even further delayed...Such a move would mean a huge delay -- and could conceivably even result in the bill to establish the €54bn national property agency...
News Source: Independent
| about 1 month ago
Mr Lenihan was speaking before he raised the prospect that the State's bad bank will be even further delayed...The massive share price falls, including a 25pc slump in Bank of Ireland, were part of a worldwide trend, Mr Lenihan said. "What I said to...
News Source: The Irish Times
| about 1 month ago
ING agreed earlier this week to EU demands that it sell its insurance units to secure approval for a state bailout. The commission is reviewing bailouts to ensure banks that get government money don't have an unfair advantage. AIB, which received...
News Source: Independent
| about 1 month ago
It was the lowest close since August 17 and the biggest percentage loss since January...The biggest loser was Bank of Ireland , which slid 55c, or 25pc, to €1.65 on concern about requirements the European Union may impose on lenders in return for...
News Source: Independent
| about 1 month ago
European Union may impose in return for our national bailout. The plunge prompted Finance Minister Brian Lenihan to warn that the transfer of the biggest loans into the National Asset Management Agency could be delayed. Bailing out the banks is a...