Pressure mounts on Bank of Ireland

Pressure mounts on Bank of Ireland
Bank of Ireland chief executive, Francesca McDonagh Pic: RollingNews

Bank chief tells Oireachtas Finance Committee it needs to reduce exposure further and “more quickly”

Bank of Ireland chief executive Francesca McDonagh told a hearing of the Oireachtas Finance Committee yesterday that the bank would alter its strategy to reduce its level of bad loans as regulatory requirements evolve.

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