Bank of Ireland is preparing to sell a first batch of senior bonds through its holding company, which was set up last year under new European rules aimed at minimising taxpayer bailouts in the event of a future crisis, The Irish Times reported. The bank, led by chief executive Francesca McDonagh, has hired JP Morgan, a unit of Royal Bank of Scotland, Nomura and UBS to market the five-year senior unsecured debt, subject to market conditions, according to market sources.

The rising threat of a no-deal Brexit is causing consternation for investors who are worried that more than €100bn of European bank debt issued under English law could no longer comply with the EU regulation, the Financial Times reported. Countries and companies alike have long turned to English law when raising money on international bond markets, in an attempt to reassure investors that disputes would be settled in a neutral venue known for relatively quick and predictable outcomes.

Alexis Tsipras, prime minister of Greece, has warned of “fresh battles ahead” as the country prepares its first budget measures following the end of its international bailout, the Financial Times reported. In his first public remarks since Athens’ exit from its eight-year rescue programme, Mr Tsipras said Greece was now free to “reshape its future . . . as a normal European country”.

Greeks…won’t be celebrating when Greece’s international financial bailout ends on Aug. 20, The Wall Street Journal reported. The moment will mark the symbolic end of the eurozone’s long debt crisis, which put the survival of the single currency in doubt. The Athens government hails the end of the bailout as a historic day when Greece recovers its national freedom and independence. European Union officials hold up Greece’s graduation from its bailout as proof that the bloc’s much-criticized crisis management succeeded.

It was a seething, stomping protest in this ordinarily genteel medieval town: Throngs of residents, whistling and booing, swarmed the county hall. “Criminals!” they shouted. They held up banners that read: “Tory councilors wanted for crimes against people in Northamptonshire.” The crime? The bankruptcy of their Conservative-led local government, which has a budget deficit so big that councilors are stripping away all but the minimum services required by law, the International New York Times reported.

Greece is about to exit its bailout, a symbolic move past a debt crisis that exploded eight years ago and left the economy, and the lives of its people, completely changed, Bloomberg News reported. At the time of the May 2010 aid package -- the first of three -- politicians from euro-area creditor countries argued the crisis was the result of chronic fiscal and economic indiscipline. To justify breaching a “no bailout clause,” loans were tied to strict conditions, covering fiscal sustainability, financial stability, growth and competitiveness, and reform of public administration and justice.

The EU’s financial services chief has warned that the bloc’s flagship project to boost private sector investment in business is in jeopardy, with governments lagging in approving the necessary laws, the Financial Times reported. Valdis Dombrovskis, the European Commission vice-president responsible for the euro, said the EU’s goal of creating a capital markets union by 2019 might not be reached.

Deutsche Bank said Saturday that it is acting on its own to buy bonds of Noble Group Ltd, days before a crucial shareholder vote on a $3.5 billion restructuring of the Singapore-listed commodity trader, The Wall Street Journal reported. The confirmation comes a day after The Wall Street Journal reported the bank’s unexpected offer to buy the bonds. It wasn’t clear on Friday if Deutsche Bank was acting on behalf of another company or for itself, as banks typically handle bond tenders like this for clients.

AQ/AQ founder Julie Lingard has filed a notice to creditors to continue trading her business, despite filing for insolvency in July, Retail Gazette reported. Lingard was the managing director of AQ/AQ when it appointed liquidators on July 4. Insolvency specialists AABRS were brought in to handle the liquidation after a special resolution passed by the company to voluntarily wind up the business. However, Lingard has since filed a notice to creditors on July 25 to allow ”the re-use of a prohibited name”.

Belair Airlines has declared insolvency as of Wednesday, August 15, after talks with a prospective investor collapsed, ch-aviation reported. Under the new ownership of German investment firm SBC, the former airberlin group unit had, earlier this year, planned to secure a new Air Operator's Certificate (AOC) from the Swiss Federal Office of Civil Aviation (FOCA) in time to commence ACMI and charter flights during the current summer season.