Irish bank stocks decrease amid collapse of Credit Suisse

AIB and Bank of Ireland stocks are down today, as the fall out from the collapse of Credit Suisse continues.

Last night, it was announced fellow Swiss rival USB will take over the struggling lender in a multi-billion euro, state-backed deal.

Six central banks, including the ECB, have also agreed to a new arrangement to boost liquidity, in an effort to increase investor confidence.

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