FSA setback for sale of AIB British division

The sale of AIB’s British division has suffered a setback after Britain’s financial regulator imposed stretching targets on the unit’s plans to deleverage its balance sheet and align its levels of loans and deposits more closely.

2nd October, 2010
FSA setback for sale of AIB British division
{ }

The sale of AIB’s British division has suffered a setback after Britain’s financial regulator imposed stretching targets on the unit’s plans to deleverage its balance sheet and align its levels of loans and deposits more closely.

The Financial Services Authority (FSA) issued a direction to AIB’s British division - which includes a business banking operation in Britain and the First Trust Bank retail banking business in the North -...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say