Peter Muhly/Agence France-Presse — Getty Images An Anglo Irish Bank branch in Belfast, Northern Ireland.
Ireland took a major step Thursday to bring the curtain down on two of its most troubled banks — Anglo Irish Bank and Irish Nationwide Building Society — by transferring 12.2 billion euros in deposits to two larger institutions.
The Finance Ministry said that the country’s High Court had approved the transfer of the assets, which is required under the loan deal that Ireland struck
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