Anglo may face further €9.5bn loss

A further "horrendous loss" of €9.5bn may have to be faced up to by Anglo Irish Bank, the chief financial officer of the now state-controlled bank told an Oireachtas Committee this afternoon.

Anglo may face further €9.5bn loss

A further "horrendous loss" of €9.5bn may have to be faced up to by Anglo Irish Bank, the chief financial officer of the now state-controlled bank told an Oireachtas Committee this afternoon.

Anglo has already recieved €14.2bn in taxpayers' money in fresh capital, and it was suggested a further €8bn would be required after NAMA.

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