Michael Cummins News
-
Brendan Kelly’s televised eviction from his Dublin house hit close to home for many of those watching in Ireland, where one in seven mortgages is in trouble.
-
Irish Life & Permanent Plc is in final preparations for the introduction of the country’s first sovereign annuity product for the pension market.
-
Ireland’s government may have to inject an additional 27.5 billion euros ($39 billion) into the country’s banks after a third round of stress tests next week, according to a survey of analysts and economists.
-
Ireland’s government will probably take a majority stake in Bank of Ireland Plc, one of the last two banks left in private ownership, after a share sale next week, analysts said.
-
Raising money just got a whole lot tougher for Ireland’s cash-strapped banks.
-
Perched on a chair overlooking a wood panel-lined room in Dublin’s High Court , a bespectacled Judge Elizabeth Dunne has become all-too-used to hearing from the victims of Ireland’s economic meltdown.
-
Ireland agreed to sell as much as 37 percent of Bank of Ireland Plc to an investor group for 1.12 billion euros ($1.61 billion), a day before a rights offering was set to give the government majority ownership of the lender.
-
Bank of Ireland Plc, the country’s largest lender, said investors ordered 1.14 billion euros ($1.65 billion) in its rights offering, equivalent to 60 percent of the stock on sale.
-
Bank of Ireland Plc , ordered by regulators to raise 2.2 billion euros ($2.9 billion) by the end of next month, is weighing plans to avoid ceding majority control to the government, two people with knowledge of the talks said.
-
It must feel like deja vu for taxpayers and investors in Ireland.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page