Vincent Boland: Anyone for a third force in Irish banking? No thanks

The exit of Ulster Bank from the market has been followed by the resuscitation of a terrible idea which history tells us is not viable

7th March, 2021
Vincent Boland: Anyone for a third force in Irish banking? No thanks
‘Ireland is not unique in having a lopsided and dysfunctional banking sector. The industry in most western countries is in bad shape.’

The definition of madness, Albert Einstein once famously said, is doing the same thing over and over and expecting different results. The great scientist could have had Ireland in mind, because we may be about to embrace a terrible, awful, no-good, very bad idea that has been trotted out and failed many times in the past three decades, yet adamantly refuses to die.

The idea is that Ireland needs a “third force” in the banking...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Vincent Boland: Tycoon space race is boldly going where many have gone before

Vincent Boland: Biden wants to be heard on attempt to make America competitive again

Vincent Boland: Global private equity is on a spending spree in Discount Britain

Vincent Boland: In the World v Zuckerberg, the final verdict is still to be delivered