Markets News Monday: Tuesday is D-Day for Irish banks; State to seize control of AIB, EBS and Irish Nationwide; Stake in Bank of Ireland to be increased
Mar 29th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and commodities; In a stark illustration of the steep fall of the Irish economy from the dizzy heights of the bubble years, Tuesday is D-Day for Irish banks, when after the markets close, the Minister for Finance Brain Lenihan is expected to outline recapitalisation plans for the five Irish institutions - - AIB, Bank of Ireland, Anglo Irish Bank, and the building societies: EBS and Irish Nationwide, to Dáil Éireann.