|
|
Article: Bank shares dive over capitalisation worries; Iseq briefing: Closed at 2,811.73 Down 61.34.(Business)
- Article from:
- Daily Mail (London)
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
THE shares index slumped again yesterday as banking stocks took a battering, with investors fearing that Bank of Ireland and AIB will find it increasingly hard to raise their own capital, even after Nama empties them of toxic loans.
Shares in AIB declined by 23c to [pounds sterling]1.45, Bank of Ireland fell by 20c to [pounds sterling]1.41 and Irish Life and Permanent lost 91c to [pounds sterling]4.33.
News that UK banks, Lloyds Group and RBS, will soon tap the markets for tens of billions of pounds in rights issues dashed hopes that both AIB and BoI will be able to raise enough cash in a saturated marketplace.
Elsewhere, shares in Independent ...
Related newspaper, magazine, and journal articles:
|
|
Article: [pounds sterling]28 million: the annual payout to ...
The Evening Standard (London, England);
December 2, 2008 ;
700+ words
... ... Steve Bullock got [pounds sterling]75,844 and Jules ... mayor of Hackney, [pounds sterling]73,085 even though ... executive John O'Brien defended the payments ... salary of around [pounds sterling]48,000, around ...
|
|