Eugene Sheehy’s decision to bump up AIB’s dividend by 10 per cent may be a confidence-boosting move, but it will probably not please the other banks, writes David Clerkin, Markets Correspondent.
Eugene Sheehy is in for a frosty reception at the next meeting of the Irish bank chief executives’ club. The AIB boss surprised even his own shareholders last week by bumping up the bank’s half-year dividend by 10 per cent, confounding...
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