How to rebuild a bank after a massive financial crisis
With a return to profitability and an increase in lending, analysts agree AIB is on the road to recovery, writes Ian Guider.
At the height of the financial crisis, the Irish banks’ annual shareholder meetings were angry affairs. Security guards were drafted in to flank the board members as outraged shareholders raged at the destruction of their investments.
The atmosphere has cooled in the last couple of years, as shareholders accepted the new reality: that government controlled much of the banking system and their investments were never likely to return to pre-crisis levels.
It has been...
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