Bullish at Bank of Ireland

Improving margins at the Bank of Ireland sparked off a trading bonanza in its shares, but management still faces challenges, write Jon Ihle and Samantha McCaughren.

10th March, 2013
Andrew Keating, chief financial officer, and Richie Boucher, chief executive, Bank of Ireland, announcing the company's annual results for 2012. Photo: Maura Hickey

Trading in Bank of Ireland shares surged in both Dublin and London to well over 510 million shares last Friday amid fresh optimism about the bank's ability to continue expanding its margins.

In London, a massive 365 million shares were traded. The level of stock changing hands is usually closer to 24 million. There were 250 million shares traded in Dublin. The stock closed the week up 20 per cent to 15.8 cent after a nearly...

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