February

Canaccord Genuity Hawkpoint advises Anglo Irish on the transfer of its UK and Irish, corporate and retail deposit books, senior NAMA note portfolio and Isle of Man subsidiary to Allied Irish

On 24 February 2011, the Irish Minister for Finance announced the immediate transfer from our client, Anglo Irish Bank Corporation Limited (“Anglo”), of its corporate and retail deposits in the UK and Ireland, its Senior NAMA note portfolio and its Isle of Man subsidiary to Allied Irish Banks plc (“AIB”) and AIB Group (UK) plc.

Canaccord Genuity Hawkpoint was engaged by Anglo in December 2010 to advise on the proposed transfer. Our role included running an accelerated process for the package of assets and liabilities to be transferred and providing strategic advice to the Board throughout the process.

Back to Listing