Out of Office: Banks’ odd lots and Trump, the Chosen One

Welcome to the Business Post’s Out of Office, your round-up of the day’s business, tech, markets, legal and politics news.

Two of the three pillar banks made announcements on Friday - and our resident markets expert Kathleen Gallagher has been all over them.

As markets opened, AIB revealed that it is aiming to buy-out up to 67,000 shareholders who own 20 shares or less in order to reduce its administrative costs and offer “trapped” investors a way out. Just hours later, PTSB followed suit, with plans to remove over 128,000 shareholders from its register by offering them a 5 per cent premium to the market price.