Bank investors burn as political controversy rages
The state remains a key player in the Irish financial sector
Irish bank shareholders are caught in a political crossfire.
At least, that’s according to Davy Stockbrokers. Rows over loan sales and whether lenders should pay more tax have helped push AIB Group down 11.5 per cent since the middle of February, making it the worst performer in the Stoxx 600 Banks Index, which has dropped 2.7 per cent over the same period. Bank of Ireland has fallen 6 per cent and Permanent TSB ...