Ireland Offers Hand to Crunch-Hit Banks

Summary


IRELAND'S government has become the latest to offer support to its banks as the country's lenders seek to shore up capital depleted by the global financial crisis.

Irish Finance Minister Brian Lenihan said at the weekend that the government, through the National Pensions Reserve Fund or otherwise, may invest in its banks alongside other backers.

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Extract


Ireland Offers Hand to Crunch-Hit Banks

Lenihan, speaking after meeting ex...

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