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Sources tell the Independent.ie that the Irish banks - including Bank of Ireland (IRE) and...

Sources tell the Independent.ie that the Irish banks - including Bank of Ireland (IRE) and Allied Irish (AIB) - have passed the latest round of stress tests "comfortably." Last year about this time, the Irish banks passed the 1st stress test, only to need billions in capital within weeks in order to stave off collapse.
Comments (1)
  • Brian Nichols
    , contributor
    Comments (2128) | Send Message
     
    How bad might it had been if a failed stress test was announced? I have seen the earnings and know of the countries problems so I don't take this seriously. It will be interesting to see how much money the banks request!
    16 Jul 2011, 12:23 PM Reply Like
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