Europe
Results for Europe
- Irish Finmin Says No Chance Banks, Government Will Default
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renegotiation of some of the subordinated paper was possible. Anglo Irish has some 2.4 billion euros in ...
Daily Headline - global.abi.org - 09/23/2010 - 08:34 - 0 comments
- Former Anglo Chairman's Debts Exceed €145 Million
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Former Anglo Irish Bank chairman Seán FitzPatrick has a net income of just €188 per month, according to documents furnished to the High Court, The Irish Times reported. A statement of affairs, provided to the court as part of Mr FitzPatrick’s bankrup ...
Daily Headline - global.abi.org - 09/23/2010 - 08:34 - 0 comments
- Swedish Region To Pass Saab Bill To Debt Collector
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A local authority in western Sweden is enlisting the help of the government's debt collector to recover $15.9 million it spent supporting carmaker Saab, now owned by Dutch group Spyker, Reuters reported. The government of Vastra Gotaland in western ...
Daily Headline - global.abi.org - 09/23/2010 - 08:32 - 0 comments
- Majority Of MEPs Vote In Favour Of Extensive Supervision Of Banks
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Extensive new EU supervisory powers over banks and financial institutions have been accepted by an overwhelming majority of members of the European Parliament, The Irish Times reported. The agreement in the wake of the global financial crisis establi ...
Daily Headline - global.abi.org - 09/23/2010 - 08:27 - 0 comments
- U.K. Treasury lays out new plan on investment firm insolvency
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The United Kingdom’s Commercial Secretary to the Treasury launched a consultation on a new special-resolution regime, Special administration regime for investment firms, to strengthen the government’s ability to handle future insolvencies of failing inve ...
Resource Article - global.abi.org - 09/22/2010 - 14:02 - 0 comments - 0 attachments
- Special administration regime for investment firms
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The Government is conducting a detailed review of resolution arrangements for failing investment banks. As part of this review the Government published a consultation paper on a new special administration regime for investment firms. The consultation is ...
Resource Article - global.abi.org - 09/22/2010 - 13:56 - 0 comments - 0 attachments
- Strong Debt Sales Ease Sovereign Concerns
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Ireland's closely watched government bond auction led a series of strong debt sales by Europe's fiscally challenged countries Tuesday, bringing some relief to the sovereign landscape, The Wall Street Journal reported. The Irish National Tre ...
Daily Headline - global.abi.org - 09/22/2010 - 09:51 - 0 comments
- Belgian Court Finds Lernout & Hauspie Founders Guilty Of Fraud
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The founders of Lernout & Hauspie Speech Products NV, once a global leader in speech-recognition technology, were found guilty by a Belgian court of fraud violations in the accounting scandal that led to the company's downfall a decade ago, Dow ...
Daily Headline - global.abi.org - 09/22/2010 - 09:50 - 0 comments
- Cattles May Avoid Administration
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doubts over the chances of reaching a deal on its 2.7 billion pound ($4.2 billion) debt pile. A bitter ...
Daily Headline - global.abi.org - 09/22/2010 - 09:48 - 0 comments
- Hicks Looks To Private Equity To Keep Liverpool
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Liverpool co-owner Tom Hicks is launching another bid to keep hold of the Premier League club by securing financing from a private equity company which would share control with him, the Associated Press reported. Hicks along with co-owner George Gillett ...
Daily Headline - global.abi.org - 09/21/2010 - 09:07 - 0 comments
