Readers like you keep news free for everyone.
More than 5,000 readers have already pitched in to keep free access to The Journal.
For the price of one cup of coffee each week you can help keep paywalls away.
Readers like you keep news free for everyone.
More than 5,000 readers have already pitched in to keep free access to The Journal.
For the price of one cup of coffee each week you can help keep paywalls away.
AIB placed at 4.31% for the end of 2018 under adverse scenarios, below the 5.5% level markets and regulators typically expect it to hold.
Amazingly, it survives.
The bank’s boss said its lending costs were still higher than those of bigger competitors.
The bank failed the latest ECB stress test after an €855 million shortfall was identified.
The group confirmed that it has already “provided for” over 80% of the shortfall .
The results are expected to be out shortly after 11am today.
Bloomberg are reporting that the bank failed on the most extreme scenario.
The results will follow yesterday’s budget announcement of over €30 billion in cuts.
Naoto Kan has told a parliamentary committee that the Fukushima I power plant should be closed by January.
More than two-thirds of Japan’s reactors remain offline following the nuclear crisis sparked last May.
TheJournal.ie’s round-up of the evening’s top stories – and the interesting tidbits of a busy day in news.