Bank of Ireland

CIMB-Principal Islamic Asset Management has launched the first Malaysian-based international Islamic funds platform domiciled in Dublin - to tap the global UCITS market in Islamic funds.

Europe-wide banking regulator the European Banking Authority will publish results of stress tests for 91 banks across the region later today, once markets have closed.

Ratings agency Moody’s has cut the rating of Ireland’s five main banks to junk status, mirroring its downgrade of the sovereign’s debt, while European authorities are attempting to assuage onlookers Ireland’s economy is on the mend.