Menu
27/02/2009
Investors 'Eye Up' Anglo Irish Bank
A troubled Irish financial institution is again in the news today with the revelation that a consortium of foreign investors has held talks with Irish backers and with the Government over taking a majority stake in Anglo Irish Bank.
The bank - which was nationalised last month - is reported to be the focus of an Irish and international bid for a major shareholding.
However, the RTÉ report said that the bid is currently 'on hold' after the consortium told the State to stay their interest while investigations into the bank are ongoing.
Anglo Irish Bank, Ireland's third biggest lender before it was taken into state owenership, has been at the centre of a string of scandals that have badly damaged Ireland's overseas reputation.
Most recently, the Office of the Director of Corporate Enforcement and the associated financial regulator started investigations into the bank over directors' loans from Anglo Irish Bank.
The Gardaí and their own fraud investigators, carried out searches at Anglo Irish Bank's offices this week.
The allegations of share price manipulation were allegedly to boost its deposit base.
(BMcC/JM)
The bank - which was nationalised last month - is reported to be the focus of an Irish and international bid for a major shareholding.
However, the RTÉ report said that the bid is currently 'on hold' after the consortium told the State to stay their interest while investigations into the bank are ongoing.
Anglo Irish Bank, Ireland's third biggest lender before it was taken into state owenership, has been at the centre of a string of scandals that have badly damaged Ireland's overseas reputation.
Most recently, the Office of the Director of Corporate Enforcement and the associated financial regulator started investigations into the bank over directors' loans from Anglo Irish Bank.
The Gardaí and their own fraud investigators, carried out searches at Anglo Irish Bank's offices this week.
The allegations of share price manipulation were allegedly to boost its deposit base.
(BMcC/JM)
Related Irish News Stories
Click here for the latest headlines.
01 October 2009
Former Anglo Boss Will 'Not Be Spared'
The former Anglo Irish Bank (AIB) boss "will not be spared", according to the Green Party leader John Gormley.
Former Anglo Boss Will 'Not Be Spared'
The former Anglo Irish Bank (AIB) boss "will not be spared", according to the Green Party leader John Gormley.
31 January 2012
Director of Corporate Enforcement Retires
The Minister for Jobs has announced that Paul Appleby, the Director of Corporate Enforcement, is to retire at the end of February.
Director of Corporate Enforcement Retires
The Minister for Jobs has announced that Paul Appleby, the Director of Corporate Enforcement, is to retire at the end of February.
13 February 2009
IL&P Directors Resign In Anglo-Gate Furore
Two senior figures in Irish Life & Permanent have resigned as the Anglo Irish Bank scandal comes to the boil. A spokesman revealed this morning that the group Finance Director Peter Fitzpatrick and Treasury Head David Gantly have tendered their resignation after a board meeting last night.
IL&P Directors Resign In Anglo-Gate Furore
Two senior figures in Irish Life & Permanent have resigned as the Anglo Irish Bank scandal comes to the boil. A spokesman revealed this morning that the group Finance Director Peter Fitzpatrick and Treasury Head David Gantly have tendered their resignation after a board meeting last night.
11 February 2009
Govt Knew Of 'Startling' Anglo Deposit
Following revelations of a huge deposit made to the Anglo Irish Bank last year, the Taoiseach has shocked much of the Dáil by admitting the Government was aware of the payment. It emerged last night that Irish Life & Permanent in Anglo Irish Bank made the controversial deposit before the Government decided to nationalise the institution in January.
Govt Knew Of 'Startling' Anglo Deposit
Following revelations of a huge deposit made to the Anglo Irish Bank last year, the Taoiseach has shocked much of the Dáil by admitting the Government was aware of the payment. It emerged last night that Irish Life & Permanent in Anglo Irish Bank made the controversial deposit before the Government decided to nationalise the institution in January.
10 May 2012
New Name For Northern Bank
Danske Bank has announced a new organisational set-up for its operations in Northern Ireland and Ireland. The new structure will take effect on 1 June 2012. The re-organisation mirrors a similar Group wide set-up being introduced in all Danske Bank operations.
New Name For Northern Bank
Danske Bank has announced a new organisational set-up for its operations in Northern Ireland and Ireland. The new structure will take effect on 1 June 2012. The re-organisation mirrors a similar Group wide set-up being introduced in all Danske Bank operations.
-
Ireland WeatherThis Evening and Tonight:It will be cloudy with a spell of heavy rain pushing south through late evening and the early hours, soon followed by some clear spells. Minimum temperature 6 °C.
