Your Search Returned 116 tagged news reports
Government of making up its banking plan on the hoof after last-minute changes were made to legislation giving effect to the state takeover of Anglo Irish Bank. Anglo will be nationalised late tonight or tomorrow following votes in the Dáil and Seanad,...
The government had vowed in December to pump in billions of euros in exchange for a 25% stake in each of the banks. But shares in the two banks have been falling amid fears they might need a bigger-than-expected cash injection by the state. It comes after...
Tags: ireland, banks, out, Anglo Irish Bank, Bank of Ireland, bail, Irish Life and Permanent
Events are moving fast in Europe. The worst riots since the fall of Communism have swept the Baltics and the south Balkans. An incipient crisis is taking shape in the Club Med bond markets...Dublin has nationalised Anglo Irish Bank with its half-built...
Tags: Anglo Irish Bank, Europe
THE Government was last night forced into an embarrassing climbdown on plans to freeze the Anglo Irish Bank accounts of major businessmen who owe millions to the beleaguered institution. The State will tomorrow take control of the bank – the country’s...
Tags: anglo irish bank, loans, Anglo Irish Bank Corp, Bank of Ireland
State control of Anglo Irish 'necessary' Sunday, 18 January 2009 14:24 The Minister for Finance, Brian Lenihan, has said that 100% state control of Anglo Irish Bank was necessary to put blue water between the bank and what happened in the past.
Tags: minister, passed, Anglo Irish Bank
It has been reported that the Government is putting restrictions on the accounts of those who owe more than 20 million euro to Anglo Irish Bank. It means that those individuals could not remove money from their accounts that would leave the balance below...
Tags: Anglo Irish Bank
The Government has decided to remove a section of the new legislation nationalising Anglo Irish Bank which would restricted certain depositors from withdrawing their funds. The coalition was initially planning to restrict customers with large debts to...
Tags: Enda Kenny, The Labour Party, Ireland, Anglo Irish Bank, legislation nationalising
The Irish economy is being "killed" because Taoiseach Brian Cowen's Cabinet is bereft of any business experience and is made up chiefly of his "buddies", it was claimed yesterday. Ireland should also adopt a US model of bringing in people of high business...
Tags: Brian Cowen, Ireland, Anglo Irish Bank, Fine Gael, Enda Kenny, taoiseach brian
Dublin's banks among the worst affected as they reacted to news of Anglo Irish Bank being nationalised. While Anglo stock was suspended, shares in AIB shed 25pc, Bank of Ireland closed 16.6pc lower and Irish Life & Permanent was down 2pc. News from the...
Tags: Anglo Irish Bank
The ban on the short-selling of UK financial sector shares was lifted today, but bank stocks rallied higher after a week of hefty falls. Barclays and part-nationalised Royal Bank of Scotland led the rebound with a 6 per cent hike in shares at one stage.
Tags: Barclays Capital, Royal Bank of Scotland, banking share, royal banking, Anglo Irish Bank