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Sunday 24 September 2023 Dublin: 15°C

# Bank Bailouts

All time
Banking on the short-term — The government is selling 'part' of its 13.9% stake in Bank of Ireland. But why now?
Finance minister Paschal Donohoe announced the six-month sale process yesterday.
The UK is staring down the barrel of a massive loss on Ulster Bank parent RBS
The country’s government plans to start offloading its shares in the bailed-out bank.
FT warns Spain against Irish path of saving the banks
Spain looking at issuing promissory notes to prop up its largest bank to the tune of €19bn. Don’t do it, says the Financial Times – just look at Ireland…
Lenihan subjected to chimp noises by Citigroup investors
Citi investors heckle, jeer and make chimp noises during conference call with Finance Minister Brian Lenihan.
The world reacts to Ireland's Black Thursday
International commentators invoke a raft of dire imagery – from bodies flung off skyscrapers to a children’s story book – to describe the economy’s downward trajectory.
Government prepares to take majority stake in AIB as top management departs
Major shake-up at the bank which is to be effectively nationalised.
Ireland wakes up to the news that Anglo could cost €34.3 billion
Central Bank says Anglo bailout should cost €29.3 billion – but could run to €34.3 billion.