Ever since the financial crisis, the banking sector has become accustomed to intense scrutiny from both politicians and the media. One of the latest lightning rods for criticism has been the miserly interest rate increases that savers have been receiving at a time when ECB interest rates are rising every few weeks.
The liquidator of crypto trading platform Gigabyte Investments has said that “serious issues” have been identified after analysis of transactions and the firm’s bank statements by a forensic accountant.
The head of one of Ireland’s largest nursing home groups, Silverstream, has said the firm is no longer prepared to invest new funding in the Irish market.