Irish Lenders Propose Joint Restructuring

08 Dec 2010

Anglo Irish Bank and Irish Nationwide Building Society plan to submit to the European Commission a proposal for a joint restructuring of the troubled lenders.

Anglo Irish Bank and Irish Nationwide Building Society plan to submit to the European Commission a proposal for a joint restructuring of the troubled lenders. Under the plan, the assets of Irish Nationwide will be folded into Anglo Irish following the transfer of bad loans to the National ...

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