Finance firm Goldman Sachs has got €7m to date from State

The financial services firm appointed by Finance Minister Michael Noonan this week to advise on the capital restructuring of Allied Irish Banks has received more than €7m from the State since the banking crisis.

Finance firm Goldman Sachs has got €7m to date from State
Sat, 17 Jan, 2015 - 00:00
Peter O’Dwyer

The National Treasury Management Agency (NTMA) paid €7.7m to Goldman Sachs International for advice in relation to three separate issues between 2010 and 2013.

The global investment bank advised NTMA on liability exercises and capital-raising transactions in relation to AIB, Bank of Ireland, EBS Building Society and Irish Life & Permanent, between 2011 and 2013.

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CourtsPerson: Finance MinisterPerson: Michael NoonanPerson: NoonanPerson: Michael McGrathPerson: McGrathOrganisation: Goldman SachsOrganisation: Allied Irish BanksOrganisation: National Treasury Management AgencyOrganisation: NTMAOrganisation: Goldman Sachs InternationalOrganisation: AIBOrganisation: Bank of IrelandOrganisation: EBS Building SocietyOrganisation: Irish Life & PermanentOrganisation: GoldmanOrganisation: Irish LifeOrganisation: Great-West LifecoOrganisation: Anglo Irish BankOrganisation: Fianna Fáil
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