To invest or not to invest?

To invest or not to invest?

You don’t need to be a fan of long-term investment in banks to find the prospect of a fairly priced IPO of bank shares alluring

A failed initial public offering of AIB is the last thing Michael Noonan wants shadowing him as he prepares to pack his bags this week and leave the Department of Finance for good.

Taking a broad view, the timing of the IPO looks as good as is it likely to get – strong growth, low interest rates, falling loan delinquencies and impairments, and rising demand for mortgages, business loans and consumer finance. The bank also...

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