Bank of Ireland falls as recovery spend rises

Bank of Ireland shares fell 2% as the lender earmarked an additional €500m to spend on improving its business models and IT systems; taking its overall planned ‘transformation’ investment from 2016 to 2021 to €1.4bn.

Bank of Ireland falls as recovery spend rises
Thu, 14 Jun, 2018 - 06:45

By Geoff Percival

Bank of Ireland shares fell 2% as the lender earmarked an additional €500m to spend on improving its business models and IT systems; taking its overall planned ‘transformation’ investment from 2016 to 2021 to €1.4bn.

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CourtsPlace: LondonPlace: IrelandPlace: UKPlace: EuropePlace: USPerson: Geoff PercivalPerson: Francesca McDonaghPerson: McDonaghOrganisation: Bank of Ireland
<p>Cork-founded information and communication technologies company PFH Technology has posted turnover of €178.5m, up 18% on the previous year, with operating profits increasing to €19.8m.</p>

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