Wednesday April 8, 2020

Casualties mounting as bank squeeze grinds on

Despite promises last year of an early end to the credit crunch, there is still no light at the end of the tunnel.

2nd August, 2008

Despite promises last year of an early end to the credit crunch, there is still no light at the end of the tunnel.

When World War I kicked off in August 1914, military strategists predicted it would be over by Christmas. For banks, their shareholders and borrowers, predictions of an early end to the global credit crunch, which began a year ago this month, have turned out to be equally misplaced.

Top banking executives, in Ireland...

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