Monday March 30, 2020

Banking on a good recovery

Bank of Ireland shareholders will be able to buy more shares at a discounted price, but is there any point investing in banks these days?

1st May, 2010

Bank shareholders have had a rough ride over the last two years. Thousands of shareholders hoping for a turn in their fortunes have been holding on in the hope that things will change, only to realise that there were always cracks in the foundations.

Banks collapsing, being partially nationalised and dramatic drops in share prices have all combined to destroy consumer confidence in bank shares, as well as in the broader financial system.

Now investors...

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