Company Watch: Legacy Belfry funds cloud AIB’s half year results
Chief executive Colin Hunt said his bank was determined to make amends for any errors that had affected customers
Colin Hunt, the AIB chief executive, found himself coming under pressure last week despite the bank reporting a strong set of half-year results.
Buried on page 115 of its 137-page half-year report was an important note detailing a number of financial provisions AIB has set aside to cover the potential costs of once-off incidents.
The standout part of this section was a short note in which the bank said it had set aside €100 million ...
