Another head has rolled at Anglo Irish Bank.
Chief executive David Drumm has resigned in the wake of the departure of chairman Sean FitzPatrick, who has left after the "inappropriate transfer" of €87m worth of loans.
Some analysts believe the bank could now be fully nationalised. The Irish government has promised to invest €10bn in the sector but so far no details have been released.
Drumm said he was stepping down because "it is undoubtedly in the best interests of Anglo that a new chief executive is appointed to lead the bank through the next phase of development."
Anglo's shares are now 23% lower at 0.25p.
