Ian Guider's Market Talk
KBC’s decision to stay in Ireland is just what our shrunken banking sector needs
Utter lack of competition is laid bare
There were sighs of relief from KBC Bank’s 1,000 staff in Ireland when their parent company in Belgium finally announced it would be keeping control of its business here. That the group chief executive Johan Thijs flew into Ireland to talk about the decision is a sign of how important it was for the bank, and that exiting this country was a real possibility.
KBC is ...