New probe into liquidity breaches

The Central Bank of Ireland has initiated another review following further media reports of alleged liquidity breaches at the Irish subsidiary of a leading international bank in 2007.

8th January, 2011

The Central Bank of Ireland has initiated another review following further media reports of alleged liquidity breaches at the Irish subsidiary of a leading international bank in 2007.

The allegations were raised in the Austrian parliament last month after the bank, which has an operation at Dublin’s International Financial Services Centre, was named by one publication.

Martin Graf, a member of the right-wing Freedom Party of Austria and third president of the Austrian Parliament,...

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