Citigroup downgrades Bank of Ireland and Anglo Irish Bank to “sell”; More than 60% of the shares of Irish banks are held by overseas investors; Oil price surges to $134 in New York - Updated
Jun 6th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Citigroup downgraded the shares of Bank of Ireland and Anglo Irish Bank to “sell” today on concerns that credit quality in their main markets will deteriorate. More than 60 per cent of the shares of Irish banks are held by overseas investors.