Depfa looks to speed up closure as first-half losses rise
Depfa, the Dublin-headquartered German bank, has reported a wider first-half loss as it continues to assess ways to speed up its closure. The bank, which was one of the first victims of the global financial crisis, last week reported a first-half loss of €18 million from a prior year loss of €1 million as a result of lower interest income on loans.
Last week, Depfa announced that it was also calling for a meeting of...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures