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By Marlene Y. Satter, AdvisorOne |
October 23, 2012
Billionaire Wilbur Ross is considering adding assets from troubled large Spanish banks to his firm’s other bank holdings, and has said that he is in talks “every week” with bank representatives.
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By Gil Weinreich, AdvisorOne |
June 18, 2012
A University of Chicago economist warns the European Central Bank is knowingly “taking junk collateral,” while a famed fund manager is betting big on European banks.
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By Marlene Y. Satter, AdvisorOne |
June 3, 2011
Bank of Ireland is intent on raising $6.1 billion in fresh capital, announcing plans of Friday for a new stock issue that will buy back debt at a steep discount
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By Marlene Y. Satter, AdvisorOne |
March 31, 2011
The Irish Independent said Thursday that Anglo Irish Bank confirmed it had losses of an additional 17.5 billion euros ($24.9 billion) in advance of the release of stress tests on the nation’s banks.
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By Marlene Y. Satter, AdvisorOne |
February 11, 2011
Moody’s Investors Service on Friday downgraded the unsecured, unguaranteed senior debt of six Irish banks in the wake of news that the outgoing Irish government would not fund banks before it left.
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By Marlene Y. Satter, AdvisorOne |
February 10, 2011
The outgoing Irish government has dropped a bomb on the incoming politicians, declining to recapitalize the nation’s banks and leaving it to the opposition to decide if and when banks should be funded.
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By Marlene Y. Satter, AdvisorOne |
November 24, 2010
Ireland unveiled its four-year austerity plan on Wednesday, which included the take over of two of the country's largest banks.
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By Marlene Y. Satter, AdvisorOne |
November 22, 2010
Although Ireland formally accepted the need for a bailout, requesting help from the EU and International IMF on Sunday, the world markets failed to be impressed on Monday.
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By Marlene Y. Satter, AdvisorOne |
November 19, 2010
Irish bonds fell Friday when Allied Irish Banks PLC announced that deposits had dropped 17% during the crisis. As the European Union (EU), International Monetary Fund...
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By Staff Writer |
October 20, 2003
S&P Rank: 3 Stars* Oct. 3, 2003 Bargain