New York Life Insurance Co., which built the Marketfield Fund into the largest U.S. alternative mutual fund, is seeking additional offerings that allow clients to bet on more than gains in stocks and bonds.
Permanent TSB Group Holdings Plc, the bailed-out Irish lender, said its mortgage arrears have fallen about 10 percent from their peak last year amid an upturn in the economy and as banks ease terms for customers struggling to repay loans.
Allied Irish Banks Plc, the country’s second-largest lender by assets, is set to win European Commission approval for a restructuring plan tied to its 21 billion-euro ($29 billion) taxpayer rescue, according to two people with knowledge of the matter.
Allied Irish Banks Plc, the country’s second-largest lender by assets, won European Union approval for its 21 billion-euro ($29 billion) taxpayer rescue after agreeing a restructuring plan to return to profitability.
Eircom Group has a checkered past with six ownership changes in 15 years, two short-lived stock market forays and Ireland’s biggest bankruptcy. Now the phone company is counting on investors forgiving and forgetting.