Danske remains "committed" to Ireland says NIB
UPDATE: Danske chief executive Peter Straarup labelled the purchase of NIB an “unfortunate acquisition.” He said that Danske needs to “sweat out” Irish operations.
National Irish Bank said that its Danish parent company Danske Bank remains “committed” to Ireland, according to a report on Bloomberg.
Danske chief executive Peter Straarup said in a phone interview that the bank will “continue to be plagued by higher impairment charges’ a ’couple quarters into 2012.” He labelled the purchase of National Irish Bank an “unfortunate acquisition.” He said that Danske needs to “sweat out” Irish operations....
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