Anglo Irish Bank has hired Morgan Stanley to advise on capital issues with the Irish group seeking to raise billions of euros. Anglo Irish Bank and Morgan Stanley declined to comment on the report.Morgan Stanley had approached a number of unnamed private equity groups with a view to securing a capital injection in Anglo Irish Bank.Analysts see it as inevitable that Irish banks will have to raise billions of euros in fresh capital to match the higher equity ratios of UK peers after a government bailout there.
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