Strategic Finance put into receivership (NZCity) 12 March 2010 The plug has been pulled on Strategic Finance. Receivers were called in today ending the moratorium arrangement that had been in place since December 2008. The company had failed to recover sufficient loans to make payments to investors in January.
(AFX UK Focus) 2010-03-12 10:56 UPDATE 1-Dukes to replace O'Connor as Anglo Irish Bank chair (Interactive Investor) DUBLIN, March 12 (Reuters) - Donal O'Connor will resign as chairman of Anglo Irish Bank as he has completed the first steps needed to stabilise the nationalised lender, the bank said on Friday. When he leaves office at the end of June O'Connor will be replaced by fellow board member and former Irish finance minister Alan Dukes. Anglo Irish was nationalised in January 2009 after its position was ...
EU Said to Discuss EU Bonds to Fund Any Greek Rescue (Update1) (Bloomberg) March 12 (Bloomberg) -- European Union finance ministers will discuss next week whether any Greek bailout should be funded by EU bonds guaranteed by euro region governments, said three people briefed on preparations for March 15-16 meetings.
