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International activity in main banks remains steady

17th July, 2010
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Local investors may be feeling cold towards the Irish banks, given the very rough ride they’ve had in recent years. But new figures from BNY Mellon suggest that international investors have been fairly active in the main two banks.

Given the fact that share prices have remained severely under pressure, much of this activity is likely to have been speculative, however.

A number of Irish-listed companies operate depositary receipt (DR) programmes, which allow...

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