Dangers of a shrinking banking sector
Consumer experts fear that a less competitive market will encourage banks to edge up a whole host of charges and fees
It was a case of: the more things change, the more they stay the same. Michael Noonan’s first big turn as finance minister saw him follow in the footsteps of his predecessor Brian Lenihan and announce that the Irish government would once again be pouring billions of euro into the state’s banks.
Fine Gael and Labour’s plan to turn around the fortunes of Irish banks will be based on a capital...
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