Ian Guider: An AIB-BoI duopoly is not what Irish banking needs
We seem to have drifted into a crisis in banking without realising it and need to acknowledge that concentrating all attention on the pillar banks has not delivered
It has been anything but a normal few weeks in the world of Irish banking. The third-biggest bank in the country is leaving for ever. The number one and two banks are each cutting 1,500 jobs and, in the case of Bank of Ireland, axing a third of its branches. Both banks have failed to meet their targeted returns.
To top it all, Davy Stockbrokers, the biggest securities firm in the state, has been rocked by...
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