National Irish Bank News
-
Danske Bank A/S said its National Irish Bank unit chief executive officer, Andrew Healy, resigned as part of a restructuring that will move its commercial real estate loans into a separate unit.
-
National Irish Bank, a unit of Denmark’s Danske Bank, posted a pretax loss of 552 million euros ($717 million) for 2008 after an increase in losses on commercial property loans and a goodwill writedown.
-
Danske Bank A/S , the owner of National Irish Bank, said deposits are increasing as clients move funds from competitors including Bank of Ireland Plc and Allied Irish Banks Plc .
-
Danske Bank A/S will bring forward the 2,000 job cuts it’s planning as Denmark’s biggest lender steps up efforts to stay competitive with European rivals, Chief Financial Officer Henrik Ramlau-Hansen said.
-
National Irish Bank, a unit of Danske Bank A/S, reported a pretax loss after setting aside cash for loan impairments during what it said may have been “the worst year in Irish banking history.”
-
Danske Bank A/S said net income rose 27 percent in the second quarter, indicating Denmark’s biggest lender has brushed off the fallout of the country’s banking crisis.
-
Denmark’s bank watchdog aims to complete its inspections of lenders at risk of insolvency by January, and expects most will fail its audit.
-
Chief executive officers at three of Denmark’s biggest financial companies said the Nordic country may stay outside the euro for at least the next five years as the debt crisis puts voters off the single currency bloc.
-
Ireland expects its 20 billion-euro ($28 billion) cash pile to stave off a Greek-style rescue, as the government taps the funds to avoid paying record rates to borrow.
-
Danske Bank A/S, Denmark’s largest lender, said it will cut 2,000 jobs to survive a tougher operating climate after it reported its first quarterly loss since the height of the crisis more than two years ago.
|
|
Most Popular on Bloomberg
|
| |