Solicitors and estate agents join up to fight negative interest rates
AIB and Bank of Ireland plan to introduce penalties on client accounts holding more than €2.5 million
Estate agents and auctioneers have offered to join forces with lawyers in a campaign against negative interest rates being applied to client accounts by AIB and Bank of Ireland.
The Institute of Professional Auctioneers and Valuers (Ipav) has written to the Law Society to indicate its willingness to join the latter in its opposition to the move.
“There’s no point in us fighting different battles. We’ll all fight one battle,” Pat Davitt, chief executive of...
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Aidan Regan: We need to break down banking borders to attract the competition here
If the Balkanised nature of national banking is removed with the creation of an integrated European system, competitive banks will be incentivised to enter the Irish market
Ulster Bank’s exit means idea of a third banking force must be put back on the table
The state needs to turn from silent owner to activist shareholder and support PTSB in acquiring Ulster Bank as a single entity
Permanent TSB may require €500 million from state to take on Ulster Bank loans
Minister for Finance claims that a beefed up Permanent TSB would prevent a duopoly of AIB and Bank of Ireland emerging