All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
FIG

Ireland takes nuclear option with alarming bank restructuring bill

Ireland this week armed itself with the highest-powered legal weaponry yet seen in Europe’s battle with its banks. The Irish parliament approved bank restructuring legislation that gives the government sweeping powers to enforce losses on subordinated as well as senior debt holders.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree