Friday August 7, 2020

Back to panic mode for bank shares

As AIB and Bank of Ireland lose 40 per cent of their value in days, investors who were swept along in the post-Nama glow are left with even lighter wallets

31st October, 2009

Those who had failed to take profits from the bank share price rally that followed the announcement of the National Asset Management Agency (Nama) discounts just six weeks ago were left cursing their luck - and their judgment - last week.

Shares in AIB and Bank of Ireland re-entered panic mode as - once again - the euphoria that followed a government intervention in the banking market drifted away and investors chose to focus on...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 7 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago