Anglo Irish Bank
A nationalised Irish bank that mainly deals with business and commercial banking. The bank lent heavily to property developers meaning that it was badly affected in the downturn of the property market in 2008, this resulted in the Irish government buying 75% of the bank for €1.5 billion in December 2008 to save the bank. On the 30th of September 2010 the Government announced that the estimated total cost of bailing out the bank would be in the region of €30 billion.
# anglo-irish-bank - Wednesday 2 July, 2014
The one-time chief of Quinn Group launched into an attack on the former Anglo Irish Bank.
# anglo-irish-bank - Monday 23 June, 2014
Bruton wants the inquiry to focus on the reasons why the crisis wasn’t averted, not how it happened.
# anglo-irish-bank - Tuesday 17 June, 2014
Willie McAteer was previously found guilty on charges of providing unlawful loans for shares to the so-called Maple 10.
# anglo-irish-bank - Friday 30 May, 2014
The Quinn family had disclosed assets of €1 million, but informants have told IBRC it is far beyond that.
# anglo-irish-bank - Thursday 22 May, 2014
It’s day two and Drumm has already admitted to forgetfulness and lying.
# anglo-irish-bank - Wednesday 21 May, 2014
The allegations relate to the alleged concealment of money and assets in the run up to his filing for bankruptcy in the US.
# anglo-irish-bank - Tuesday 20 May, 2014
An itemised list of allegations of fraud was handed to a judge yesterday ahead of his bankruptcy trial.
# anglo-irish-bank - Tuesday 13 May, 2014
Lawyers for developer John Flynn tried to prevent the proposed loan sale,
# anglo-irish-bank - Friday 9 May, 2014
Staff will miss out on a better package negotiated by the LRC last month.
# anglo-irish-bank - Thursday 1 May, 2014
Construction on the new home of the Central Bank is now set to start in 2015.
# anglo-irish-bank - Wednesday 30 April, 2014
No jail time for convicted Anglo pair because Judge Nolan believes they were led into ‘error and illegality’ by the Financial Regulator? Well, the Anglo Tapes tell a very different story.
# anglo-irish-bank - Tuesday 29 April, 2014
Hint: It wasn’t good.
Pat Whelan and Willie McAteer were convicted 11 days ago of providing the illegal loans to the ‘Maple 10′ developers so they could buy shares in Anglo.
# anglo-irish-bank - Monday 28 April, 2014
Anglo’s former lawyer told today’s sentencing hearing that he he did not know that the bank were intending to lend to the ‘Maple 10′ developers.
# anglo-irish-bank - Friday 25 April, 2014
New payments plan will cover lower paid former workers at Anglo and Irish Nationwide.
# anglo-irish-bank - Friday 18 April, 2014
This French news channel got a bit confused.
The spotlight over the past seven days was on the seven women and five men who were to decide whether to convict three of Ireland’s former bankers on charges relating to illegal loans.
# anglo-irish-bank - Thursday 17 April, 2014
Pat Whelan and Willie McAteer found guilty of giving loans to the Maple 10 but not guilty in relation to dealings with the Quinn family.
Yesterday, former CEO and Chairman of Anglo Irish Bank Sean FitzPatrick was found not guilty on all charges.
# anglo-irish-bank - Wednesday 16 April, 2014
Everyone’s talking about Sean FitzPatrick being found not guilty.
FitzPatrick did not react as the verdict was read out but read a statement to reporters outside the courtroom.
In total, the jury have been deliberating for eleven hours.
# anglo-irish-bank - Tuesday 15 April, 2014
Today is day 45 of the trial which has heard evidence from 54 witnesses.
# anglo-irish-bank - Monday 14 April, 2014
It was the first full day of deliberations in the trial of three former senior executives of Anglo Irish Bank.
# anglo-irish-bank - Wednesday 9 April, 2014
The jury has been directed to find two of the former executives not guilty on a number of accounts.
# anglo-irish-bank - Thursday 13 March, 2014
Former CEO of the Financial Regulator Pat Neary met Sean Quinn but ‘didn’t ask him straight-up’ about concerns.
# anglo-irish-bank - Wednesday 5 March, 2014
IBRC’s liquidators also announced four sales of loan assets worth €1.25 billion.
# anglo-irish-bank - Wednesday 26 February, 2014
A US investment fund and a consortium linked with Bain Capital are the buyers.
# anglo-irish-bank - Saturday 22 February, 2014
A look back at seven days of evidence at the Criminal Courts of Justice.
# anglo-irish-bank - Wednesday 19 February, 2014
Former CFO Matt Moran says that Fitzpatrick expressed concern about the terms of the loan deal.
# anglo-irish-bank - Monday 17 February, 2014
Brian O’Farrell says he was told he would be “a friend to the bank” if he took a loan in order to buy shares in Anglo Irish Bank
# anglo-irish-bank - Monday 10 February, 2014
Former head of the Quinn empire, Seán Quinn was today giving evidence in the trial of three former Anglo executives.
# anglo-irish-bank - Saturday 8 February, 2014
With more than three months to go, the trial of three former senior executives at Anglo Irish Bank will be a marathon and not a sprint.
# anglo-irish-bank - Friday 7 February, 2014
At a small meeting in February 2008, Sean Quinn told the Financial Regulator that he had been greedy, the court at the Anglo trial heard.
The Anglo trial heard Sean Quinn lost at least €2.4 billion in his investment in Anglo Irish Bank.
The one-time richest man in Ireland will be the first high-profile witnesses in the case.
# anglo-irish-bank - Wednesday 5 February, 2014
Seán FitzPatrick, Willie McAteer and Pat Whelan are all on trial in a case expected to last four months.
Fifteen jurors were sworn in for the trial this morning, but only twelve will get to decide on the verdict.
Seán Fitzpatrick, William McAteer, and Pat Whelan face charges of unlawfully providing financial assistance.