Rocky ride for Bank of Ireland

While Bank of Ireland’s problems may not match those of some international banks, it has had a rough week.

20th September, 2008

While Bank of Ireland’s problems may not match those of some international banks, it has had a rough week.

It may have been a good week to deliver bad news. At a time when some of the world’s biggest financial institutions are collapsing or seeking rescue deals and speculation is mounting about emergency link-ups between Irish institutions, perhaps slashing dividends and flagging a sharp step-up in bad debts don’t seem so bad after...

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