Tuesday December 1, 2020

Anglo prepares for life with Quinn

The decision by Sean Quinn to acquire a 15 per cent stake in the Irish bank may cause a headache not just for chief executive David Drumm, but for many of its shareholders.

19th July, 2008

The decision by Sean Quinn to acquire a 15 per cent stake in the Irish bank may cause a headache not just for chief executive David Drumm, but for many of its shareholders.

‘More of the same ‘‘was the promise made by David Drumm almost four years ago, when outlining his plans after taking over from Sean FitzPatrick as chief executive of Anglo Irish Bank. Irrespective of what happens in the future, however, 2008 has undoubtedly...

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