Dublin has pledged to inject extra capital into its stricken financial sector as fears rose that the total cost to save its banks could rise to €50bn, more than a third of 2009 national income View full post on Financial Times – UK Homepage
Archive for September, 2010
Cost of Irish bank bail-out put at €50bn
The total cost of Ireland’s banking crisis could be €50bn as the central bank announced additional capital injections for both Anglo Irish Bank and two other institutions View full post on Financial Times – UK Homepage
Once-ignored fund is now red-hot
Money has poured into Permanent Portfolio, as investors chase returns from its holdings in gold, bonds and other popular assets. The fund’s manager is staying cool. View full post on MSN Money Latest Articles
AIG reaches agreement for exit plan
AIG has agreed to repay the remains of the $182bn rescue package provided by the US government during the financial crisis by early next year View full post on Financial Times – UK Homepage
Cost of Ireland’s bank crisis hits €44bn
The total cost of Ireland’s banking crisis has reached €44bn as the central bank announced additional capital injections for both Anglo Irish Bank and two other institutions View full post on Financial Times – UK Homepage
Eurozone debt crisis leaves investors wary
Global Markets Overview: The eurozone’s debt crisis is the focus of investor attention after Dublin gave details of its bail-out of Anglo Irish bank and Moody’s downgraded Spain’s credit rating. View full post on Financial Times – UK Homepage
Ireland unveils bank rescue package
The cost of Ireland’s bank bail out is set to reach €34bn as the central bank announced additional capital injections for Anglo Irish Bank and other institutions, putting the budget deficit on track to hit ten times the European Union guidelines for eurozone members View full post on Financial Times – UK Homepage
Get ready for an epic bull market
Overcautious investors could miss out on what’s shaping up as the greatest stock-buying chance of a generation. View full post on MSN Money Latest Articles
New chief revamps BP safety operations
BP has ousted Andy Inglis, the head of its exploration division, and announced plans for a radical restructuring of its safety operations as Bob Dudley prepares to take over as chief executive of the UK oil group View full post on Financial Times – UK Homepage
Sinochem struggling to mount Potash bid
The failure of talks with UralKali, the Russian fertiliser group, is the latest setback for the state-owned Chinese chemical group in finding partners to mount a counterbid for PotashCorp View full post on Financial Times – UK Homepage