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Arklow Credit Union has shown its green credentials by installing a massive array of 44 solar panels on the roof of its main building, which may generate as much as 19,850Kw hours of energy annually. ....
Despite community support, a Limerick councillor believes two former bank buildings in County Limerick should not be used to house almost 50 Ukrainian refugees. ....
(Bloomberg) Most investors who bought UBS Group AG bonds issued days before its arranged takeover of Credit Suisse Group AG have chosen to hold on to the notes, in what is seen as a vote of confidence in the lender. The Swiss bank had launched a buyback of two euro-denominated notes, offering investors an opportunity to get out of the debt issued on March 9 just before it agreed to take over its troubled rival in a deal that triggered market chaos and a spike in both lenders’ credit risk. Holders of about €454 million ($498 million) of 2028 maturity notes and €273 million of 2032 notes opted to tender them, leaving about €1.046 billion and €977 million of the securities outstanding respectively, according to a regulatory filing this morning. The notes were issued by UBS Group AG, the holding company that will subsume the Credit Suisse assets. The result was a show of support in UBS, said Oliver Sinnott, a fund manager at IQ EQ Fund Management Ireland Ltd. “If investors ....