AIB and BoI shares slide on Brexit fears as FBD soar 7% on insurance consolidation

Shares in the two main banks, AIB and Bank of Ireland slid as no-deal Brexit fears came back to haunt investors while FBD shares soared 7% as takeover hopes swept the European insurance market following a €7.9bn offer for RSA.

The Iseq index of Irish shares ended little changed but London’s Ftse-100 fell after a four-day rally as concerns over surging coronavirus cases and Brexit-related uncertainty weighed.