Sponsored Anglo Irish, Nationwide Wind-Downs Under Way The Irish High Court has paved the way for the wind down of Anglo Irish Bank and Irish Nationwide Building Society to begin by approving a transfer of €12.2 billion ($16.78 billion) in deposits to other lenders, reports Irish Times. February 28, 2011
Sponsored Irish Lenders Transfer €12.2B Deposits Irish lenders, Anglo Irish Bank and Irish Nationwide Building Society, have transferred deposits totaling €12.2 billion. February 25, 2011
Sponsored Irish Banks Hit With Senior Unsecured Debt Downgrades Moody’s Investors Service has lowered the ratings on the unguaranteed unsecured senior debt on leading Irish banks, which could see even further downgrades, reports Credit Flux. February 14, 2011
Sponsored Fir Tree Seeks To Stop Allied Irish Merger New York-based hedge fund, Fir Tree Capital, has urged the federal court to intervene and stop Anglo Irish Bank from merging with another distressed Irish bank. February 16, 2011
This content is from: Portfolio Irish Banking System To Fall Further Into Taxpayer Hands? Ireland’s banking system is expected to fail yet another stress test. By David Wigan March 30, 2011
Sponsored U.K. Banks Face Ratings Downgrade Moody’s Investors Service may downgrade the ratings of 14 U.K. banks as regulators have hinted they would be less willing to bail them out in the future, reports Reuters. May 25, 2011