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Fri 11 Nov 2009Anglo hires KPMG to cost options including wind-up
STATE-OWNED Anglo Irish Bank has hired consultants from the international headquarters of accountancy firm KPMG in Holland to cost various options facing the bank, including the winding down of the lender over time.
Anglo’s chief executive, Australian banker Mike Aynsley, has recruited the firm to assess and cost the immediate wind-up of the bank, the winding down of the business over time and the viability of Anglo as a going concern.
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