Banks shed €346m as parties jostle for power following election - News Summed Up

Banks shed €346m as parties jostle for power following election


Bank of Ireland lost €129.3 million of its value while its rival, AIB, dropped €217.2 million. “ Vulture funds have to start paying their taxes.”In its election manifesto, Sinn Féin said it would order the Central Bank to cap mortgage interest rates. It also said it would stop banks from offsetting historical crash-era losses against future profits to reduce their tax bills. Hibernia Reit finished up 0.8 per cent, having lost 6.98 per cent the previous day. Housebuilder Cairn Homes fared best, rebounding 3.5 per cent after giving up 8.62 per cent in the previous session.


Source: The Irish Times February 11, 2020 11:22 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */