Irish Central Bank Poised To Take Over Troubled Lenders

The Central Bank and Financial Services Authority of Ireland reportedly will adopt U.K.-like bank-resolution legislation that would give it the power to take over troubled lenders.

  • 19 Mar 2010
The Central Bank and Financial Services Authority of Ireland reportedly will adopt U.K.-like bank-resolution legislation that would give it the power to take over troubled lenders. Brian Lenihan, the country’s finance minister, was expected to signal such a move in a speech on the future of banking. Sources ...

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