Former Ireland Bank CEO Sentenced to 6 Years in Jail for Misleading Clients and Investors
The former chief executive of the now defunct Anglo Irish Bank, David Drumm had been sentenced to 6 years jail for misleading investors and clients. In 2008, he had created the impression that deposits at the Anglo Irish Bank were $8.4 million (EUR 7.2 billion) larger than what the bank had, the year which is now known as the Global Financial Crisis.
” Former Ireland Bank CEO Sentenced to 6 Years in Jail for Misleading Clients and Investors “
Source: Reuters, Bloomberg, The Guardian, Anglo Irish Bank
Video:
Video:
Video:
Video:
The Wealth Insider is the world’s leading wealth intelligence for global wealth managers, investments managers, asset managers, high net-worth service providers and wealthy individuals. Our global workforce seamlessly present the inside news of the most relevant news, insights, global wealth trends, innovation & digital transformation to our global audience.
Get The Wealth Insider Daily
- For Press Release, please contact press@thewealthinsider.com
- For Media-related enquiries, please contact media@thewealthinsider.com
- For Advertisement, please contact our official ad agency