Ex Post Facto

Behind the stories in the financial world.

29th June, 2013
Richie Boucher, chief executive, Bank of Ireland. Photo: Tony O'Shea

Why has Bank of Ireland's share price taken such a hammering?

The stock lost about 16 per cent of its value in June - for no discernible reason. It wasn't falling in tandem with its domestic rival, AIB, which lost only about half what BoI did in percentage terms.

Relative to the broader sector, Bank of Ireland was 10 per cent worse off than other European banks.

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