A subsidiary of state-controlled Irish Bank Resolution Corporation swung to a loss last year due to the “ongoing hostilities in Ukraine” and its inability to recover debts.
John Corrigan, former chief executive of the National Treasury Management Agency and one of the chief architects of Ireland’s recovery from the financial crisis, has died at age 76.
Digicel and its bondholders have extended by 15 days a so-called grace period allowing extra time to conclude talks on its debts, with potential for a further 15 days.