AIB’S US bolt-hole, following the Allfirst rogue trader disaster, M&T Bank Corp is set to deliver earnings of close to €285 million next year — way ahead of anything a retained Allfirst would have generated.

THE aggressive move by Bank of Scotland, Ireland (BOSI) for dominance of the Irish business banking market is expected to force the AIB and Bank of Ireland to pay more interest on current accounts, according to some Irish brokers.

Conor Keane, Business Correspondent

BANK OF IRELAND shares are deemed a buy as the company heads for profits of €1,214m, up 8%, driven by double-digit profit growth in Ireland.