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Benzinga's Political Roundup (IRE, T)

Benzinga 15 years ago

NewsPoliticsM&A

Yesterday Ireland disclosed that its four top banks need to raise 24 billion Euros in capital, as a result of the Irish Central Bank's stress tests. Bank of Ireland (NYSE: IRE) and Allied Irish Bank (NYSE: AIB) need to raise 5.2 billion and 13.3 billion Euros, respectively. The merger between AT&T (NYSE: T) and T-Mobile will be a tough sell, according to a senior Democrat at the U.S. Federal Communications Commission.

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