For customers, exit of CEO McDonagh likely the least of their worries over Irish banking

Irish banking is facing a new mess where customers are the perpetual losers as Ulster Bank and KBC exit and the big two tighten their hold on our money

Francesca McDonagh, Group CEO Bank of Ireland, will leave in September to head up a large division at Credit Suisse in Zurich.

The announcement last week that Francesca McDonagh was planning to quit Bank of Ireland came as a surprise. 

After five years, the first female CEO of a major Irish lender will leave in September to head up a large division at Credit Suisse in Zurich.