Appointment likely to come from wider Bank of Ireland group or further afield rather than from internal Davy candidates
Myles O'Grady
Investors told the group plans to invest ‘in the region of €2 billion future proofing’ the business over the next four years, by chief executive
Chief executive lives up to pledge not to hoard excess capital
Bank’s pretax profit for the year rose to €1.94bn from €1.01bn for 2022, with net interest income rising 48 per cent
Sale comes as bank takes more cautious approach to commercial property market
Bank hands seven of its 12-member group executive committee combined 27,995 shares valued €240,337
Lender will continue to offer savings products
Health insurance contributions of up to €1,400 per year for employee also part of package
Lender confirms it expects to pay a bank levy of about €90 million next year, up from €25 million in 2023
Seen & Heard: ‘Devastated’ Tower Trade investors; Lifetime loans a ‘ticking time bomb’; Firm Czechs out of Irish project; Bank of Ireland’s IT meltdown
Minister for Finance warns IT glitches are happening too often at Irish lenders
AIB and Bank of Ireland are making more from the €60bn parked with the Central Bank than from mortgages
Net interest income surges to €1.8bn as bank gets 3.75% rate on surplus deposits lodged with central bank
Russell will also become a member of the bank’s executive committee
YOU MAY ALSO LIKE...
How does a post-Brexit world shape the identity and relationship of these islands
Inquests into the nightclub fire that led to the deaths of 48 people
Weddings, Births, Deaths and other family notices