Sunday July 12, 2020

Comment: Bank of Ireland confident of better times ahead

Investors are probably still feeling pretty gloomy these days, especially as another interest rate hike looks inevitable.

7th June, 2008

Investors are probably still feeling pretty gloomy these days, especially as another interest rate hike looks inevitable. However, Bank of Ireland Private Banking has told clients over the past fortnight that they believe ‘‘more ups than downs’’ lie ahead.

In a bullish letter, the division wrote that ‘‘indications suggest risks have abated and markets have got to grips with the worst of the credit crunch’’. Private Banking believes there is ‘‘light...

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