Bank of Ireland’s share price was down 8 per cent earlier, to just above the 33 cent level of the share placing

What are we to make of the decisions by Wilbur Ross and Fairfax Financial Holdings to sell 2 billion Bank of Ireland shares between them? (...)

The sale of the Shelbourne Hotel loan was off-market so no price is known. Photograph: Alan Betson

Half of the outstanding €206 million senior loan held by Bank on Ireland on the Shelbourne Hotel in Dublin has been bought by international property i(...)