Anglo and BoI tussle for position

Anglo Irish Bank eclipsed Bank of Ireland to briefly become Ireland’s second largest bank by market capitalisation last week.

8th November, 2008

Anglo Irish Bank eclipsed Bank of Ireland to briefly become Ireland’s second largest bank by market capitalisation last week.

A sharp fall-off in Bank of Ireland’s share price, which gave up 30 per cent in the space of two days, meant its market value fell below Anglo’s on Friday for the first time.

Bank of Ireland subsequently rallied in late trading to finish the week valued at €1.6 billion, just...

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