Financial Times FT.com

Ireland’s banks hit by regulatory fears

By Courtney Weaver

Published: October 28 2009 11:38 | Last updated: October 28 2009 19:44

Irish banks dragged European bourses lower on Wednesday as concerns over increased regulation from the European Union continued to weigh on sentiment.

Shares in Bank of Ireland and Allied Irish Banks and posted double-digit declines after losing nearly 10 per cent on Tuesday.

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