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Bank of Ireland slumps into 1.8-bln-euro annual loss
Mar 04, 2013 11:36 EST
State-rescued Bank of Ireland said on Monday that it plunged into the red in 2012 after it was hit by a soaring level of bad debts.
Prem Watsa brings hope to RIM's restless shareholders
Jan 25, 2012 13:48 EST
TORONTO (Reuters) - The arrival of the man known as "the Warren Buffett of North" on Research In Motion's board this week offers a ray of hope to the BlackBerry maker's impatient shareholders after their disappointment that an insider was named new chief executive.
US stocks swim in red in thin trade
Dec 19, 2011 17:59 EST
US stocks skidded Monday as investors worried about Europe's latest efforts to contain the deepening eurozone debt crisis.
US stock rally fades
Dec 19, 2011 11:18 EST
US stocks fell in subdued trading Monday as investors digested news of North Korean leader Kim Jong-Il's death and Europe's latest efforts to contain the eurozone debt crisis.
After the bust, Irish look back to the land
Dec 16, 2011 05:04 EST
DUBLIN (Reuters) - After the Celtic Tiger died, Anthony Slattery quit his job as an accountant and bought some cows.
Analysis: Asia funding markets feel pain, worse to come
Nov 24, 2011 02:44 EST
SYDNEY/SINGAPORE (Reuters) - For weeks, Asian banks and businesses have seen their borrowing costs climb as cash-strapped European banks repatriate funds and cut back on loans, knowing full well this is merely a down-payment on a long and painful shrinking of funding markets.
Wells Fargo, JPMorgan, Loan Star win Anglo Irish loans: sources
Aug 28, 2011 22:08 EDT
NEW YORK (Reuters) - Wells Fargo & Co, JPMorgan Chase & Co and Lone Star Funds were the winners of the $9.5 billion pool of U.S. commercial real estate loan sold by failed lender Anglo Irish Bank Corp, two sources familiar with the deal said.
Billionaire Ross bets on v-shaped Irish recovery
Jul 30, 2011 08:53 EDT
DUBLIN (Reuters) - Positive news from Ireland is prompting a growing number of investors to look at the troubled euro zone economy, said billionaire Wilbur Ross, who this week invested 300 million euros in its largest lender.
Analysis: Investors become more positive on Ireland
Jul 29, 2011 10:48 EDT
DUBLIN/LONDON (Reuters) - Ireland's insistence that it is different from Greece and the rest of the euro zone periphery appears finally to be striking a chord among investors.
Analysis: Investors become more positive on Ireland
Jul 29, 2011 10:47 EDT
DUBLIN/LONDON (Reuters) - Ireland's insistence that it is different from Greece and the rest of the euro zone periphery appears finally to be striking a chord among investors.
Bank of Ireland set to escape majority state control
Jul 25, 2011 10:27 EDT
The Bank of Ireland has won a 1.12-billion-euro ($1.6-billion) injection from private investors in a deal to keep the nation's largest lender out of majority state ownership, the government said on Monday.
Eight European banks fail EU stress tests
Jul 15, 2011 15:08 EDT
Eight European banks, including five from Spain, failed crucial EU stress tests, the bloc's financial regulator said on Friday, with lenders facing rising pressures from the eurozone debt crisis.
Instant view: Eight banks fail European stress tests
Jul 15, 2011 13:07 EDT
LONDON (Reuters) - Eight European banks are not strong enough to withstand a prolonged recession and need to raise 2.5 billion euros in capital, an industry health check aimed at reviving investor confidence showed on Friday.
EU bank stress tests spotlight eurozone debt crisis
Jul 15, 2011 05:21 EDT
The European Union will on Friday publish the results of major stress tests on Europe's troubled banking sector, facing pressures from the eurozone debt crisis now affecting Italy and Spain.
Bank funding crunch overshadows Europe stress test
Jul 13, 2011 08:34 EDT
LONDON (Reuters) - A Europe-wide test of the safety of its banks risks becoming a sideshow as long as politicians struggle to contain the continent's debt crisis and the detrimental impact on day-to-day funding for lenders.
Exclusive: EU states ready to rescue bank test failures
Jul 08, 2011 11:37 EDT
BRUSSELS (Reuters) - European governments are ready to bail out those banks which cannot raise capital from investors after the EU details on July 15 which lenders have failed its latest, more vigorous stress test.
Ireland signals bigger cut in 2012 budget deficit
Jul 04, 2011 15:34 EDT
DUBLIN (Reuters) - Ireland's finance minister signaled on Monday that the government would make a larger budgetary adjustment of 4 billion euros ($5.8 billion) in 2012 despite being confident of meeting this year's fiscal goals under an EU-IMF bailout.
Bank of Ireland to unveil debt-for-equity swap
May 27, 2011 12:15 EDT
DUBLIN (Reuters) - Bank of Ireland <BKIR.I> will unveil plans early next week for its junior bondholders to exchange 2.8 billion euros ($4 billion) in debt for shares in the bank, a source familiar with the process said on Friday.
Moody's places 14 UK banks on watch for downgrade
May 24, 2011 09:03 EDT
Moody's Investors Service on Tuesday placed 14 British banks including Lloyds TSB and Royal Bank of Scotland on review for possible downgrades, citing reduced chances of future government support.
Moody's to review ratings of 14 British banks
May 24, 2011 03:35 EDT
Moody's Investors Service said Tuesday it was reviewing 14 British banks including Lloyds TSB Bank and Royal Bank of Scotland for possible downgrade due to less government support in case of a bailout.
