January 19 2015 . Through expansion of its current account offering across the Post Office network, Bank of Ireland is seeking to further broaden its retail product offering in the UK market. The move comes at a time when other banks are rationalising branch networks. Nonetheless, competition in the UK current account market is intense; hence an attractive offering will be required to generate sufficient scale
While we don’t normally comment on nonevents, the absence of any mention of Ireland from Moody’s is worthy of one. We set out our stall last week that even though Moody’s had Ireland on a stable outlook, that it would upgrade the sovereign by one notch to A3. Despite upgrading by three notches in 2014, we believed that the positive developments seen since last May (higher growth, lower debt levels in particular) justified another upgrade. Moody’s obviously didn’t think so, with the abandonment of the austerity programme in Budget 2015 and increased euro area tensions possibly the reasons. From a sovereign bond market point of view, the decision will have little bearing. Much more important is the ECB’s decision this Thursday. Markets have already moved to price in the announcement of quantitative easing (QE), probably to the tune of €500bn€600bn. Judging by reports over the weekend, there is still some stiff opposition to this measure, particular from Germany, but it appears that the President Draghi will have sufficient support on the Governing Council to announce such a programme on Tbhursday. What will be important is the details around the programme the size, the type of assets, a risk whether Greek bonds will be purchased. shar ing element, and With the Greek election this coming Sunday, this is set to be a pivotal week for the euro area. Expect the volatility over recent weeks to continue and fasten your seat belts. Home… Page 3 19 Jan. 15 Dermot O’Leary +3531641 9167 email@example.com ly
..Both are good long term bank stocks..penny stocks w/ good ratings ...w/ dividends in the near future..net earnings should come out at 1b€ this year..they are ahead by 2 years of earnings expectations..all stock brokers have been wrong on these 2 stocks - boi; aib..
Poor Catherine. If only she had had a son who survived we might still be a Catholic country. The course of history very different. You mention Templars as in Knights Templar? Still hoping for an opinion from someone as to whether these shares are a good prospect.
...Spain is the mother country..in Andalucia is a little town Ronda..where some of the ancestors came from..palacio mondragon was where they lived..until ~ 1975..now a museum..Catherine of Aragon was born here..the wife of Henry viii...before that they were Templars...i love Spain...
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