BOI to sell off €60m fund administration subsidiary

Bank of Ireland is to sell its fund administration business to Northern Trust, for up to €60m.

BOI to sell off €60m fund administration subsidiary
Thu, 24 Feb, 2011 - 11:06

Bank of Ireland is to sell its fund administration business to Northern Trust, for up to €60m.

The sale of the Bank of Ireland Securities Services is set to further boost capital levels, the bank said.

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