Friday September 25, 2020

Revealed: the Swiss bank that refused to disclose IBRC fees

UBS, the Swiss financial titan, has tried to block a move by the special liquidators of the IBRC to disclose how much money it had been paid for advising on the liquidation of the former Anglo Irish Bank.

22nd March, 2015
The big earners.

The firm was paid €3.75 million for work advising on the loan sales process, but did not provide permission to the special liquidators, KPMG, to release its name.

The liquidators released a detailed breakdown outlining how much each professional services firm had been paid for work on the liquidation nine days ago. One firm did not consent to the release of its name, and was referred to in the documents as “Valuer A”.


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