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Ireland raises 3 bln euros from 'milestone' AIB sale

23 June 2017

DUBLIN: Ireland raised 3 billion euros ($3.4 billion) by selling a quarter of Allied Irish Banks (AIB) on Friday in a remarkable turnaround for a company at the forefront of reckless lending during the "Celtic Tiger" boom.

Ireland raises 3bil euros from 'milestone' AIB share sale

23 June 2017

DUBLIN: Ireland raised 3 billion euros (US$3.35 billion) on Friday by returning Allied Irish Banks (AIB) to the stock market in one of the largest bank listings since the financial crisis, achieving a price close to the bank’s book value.

Ringgit lower against US$ Friday

23 June 2017

KUALA LUMPUR: The ringgit was lower against the US dollar early Friday weighed by the weaker crude oil price, dealers said.

Biggest US banks clear first hurdle in Fed's annual stress tests

23 June 2017

WASHINGTON/NEW YORK: The 34 largest U.S. banks have all cleared the first stage of an annual stress test, showing they would be able to maintain enough capital in an extreme recession to meet regulatory requirements, the Federal Reserve said on Thursday.

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