Murphy lines up a Permanent split

Last week saw Irish Life & Permanent (IL&P) report what is likely to be its last set of full-year results before its life assurance and banking businesses go their separate ways.

6th March, 2010

Last week saw Irish Life & Permanent (IL&P) report what is likely to be its last set of full-year results before its life assurance and banking businesses go their separate ways.

‘‘Last year was a really difficult one for the group,” said Kevin Murphy, chief executive of IL&P. Yet he said he was hopeful that 2010 would mark the start of a recovery.

But any recovery is likely to...

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