Bank of Ireland sells asset-management arm for €57m

Bank of Ireland has sold its asset-management arm to State Street Global Advisors for €57m.

Bank of Ireland sells asset-management arm for €57m
Fri, 22 Oct, 2010 - 10:51

Bank of Ireland has sold its asset-management arm to State Street Global Advisors for €57m.

The sale of Bank of Ireland Asset Management is conditional on the receipt of certain regulatory clearances including approval of the European Commission, and is expected to close in the coming months.

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