Taggato: debt markets

Irish Bank Exits ‘Collective Madness’ With $15B Loss, 2K Layoffs

Irish Bank Exits ‘Collective Madness’ With $15B Loss, 2K Layoffs

DUBLIN (Carmel Crimmins) – Allied Irish Banks aimed to put the “collective madness” of a homegrown property bubble behind it on Tuesday with a jaw-dropping annual loss of 10.4 billion euros and a plan to axe over 2,000 jobs.A former stock ma…