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Thursday, September 03, 2009

Rothschild to Advise on Irish Banking Rejig

The Irish government has appointed investment bank Rothschild to advise on the restructuring of the country's banking sector, a source close to the firm said on Tuesday.

"We will advise the Department of Finance on how to shape the banking system going forward, including the establishment of the National Asset Management Agency and any possible consolidation in the sector," the source said.

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