The jury in a fraud trial of three Anglo Irish Bank directors over a multimillion loans-for-shares scheme has resumed deliberations.

The prosecution has described the circumstances surrounding an allegedly illegal loan for shares deal at Anglo Irish Bank as "topsy turvy".

Former Anglo Irish Bank chairman Sean FitzPatrick has said he was instructed to 'mend fences' with Sean Quinn after the Maple transaction.

The Anglo trial has heard the Financial Regulator was made aware of the names of the so-called Maple Ten before an allegedly illegal loans for shares deal was completed.

Three former directors of Anglo Irish Bank have given evidence that they instructed the bank’s CEO to immediately inform the financial regulator that Sean Quinn controlled 25% of their shares.

Maple 10 developer Gerry Gannon has told the Anglo trial that he always found people who worked at the bank to be "honest and truthful".

A court has heard that businessman Sean Quinn "paid a very high price" for investing in Anglo Irish Bank.

The London Stock Exchange has abandoned plans to merge with the owner of the Toronto Stock Exchange after concluding not enough of the Canadian group’s shareholders would back the deal.

London Stock Exchange vowed to press ahead with a merger with its Toronto counterpart today, despite the emergence of a rival Canadian bidder.

A rival bidder was today poised to scupper a £4bn (€4.59bn) merger deal between the London Stock Exchange and its Toronto counterpart.