British expansion and new tech set to feature in rethink of BoI

New chief executive Frances McDonagh will hold capital markets day in London for investors to signal latest direction, writes Ian Guider

Francesca McDonagh, chief executive of Bank of Ireland Picture: Fergal Phillips

Technology, expansion in Britain, cost reductions and plans to grow its wealth management are set to feature at Bank of Ireland’s long-awaited new strategy to be delivered by chief executive Francesca McDonagh next week.

Since her arrival last September, investors have been promised a new medium-term strategy setting out how the bank will grow in the coming years. This Wednesday, McDonagh, who the bank hired from HSBC, will hold a capital markets day ...