More than a storm in a teacup for Soden

EARLIER this year, Bank of Ireland’s top management had every reason to feel a little smug.

Their great Irish rival was struggling to contain the fallout from the catastrophe at Allfirst.

In March, the new Bank of Ireland CEO, Michael Soden, took over from Maurice Keane at the helm. His hiring, six months previously, was seen as a coup for the bank's Court of directors and in particular, for its Governor, Laurence Crowley.