‘Troubled’ bank fails to make a splash in international headlines

ANGLO Irish Bank may be blowing a big hole in the nation’s finances, but the latest plan to deal with its travails has not made a huge splash in international media.

The influential Wall St Journal reported on the plan to split Anglo in two under a headline which read: Irish Fin Min: Anglo Irish Bank Plan Is “Orderly Work-Out”.

The Washington Post’s headline read: Ireland to split troubled bank, sell some assets, while the accompanying report stated: “Ireland plans to split its most troubled financial institution, Anglo Irish Bank, as part of wider efforts to reassure international lenders that the Irish are dealing with their debt crisis.”