Bank of Ireland lowers ROTE target as full-year profits slip
23 Feb Bank of Ireland lowers ROTE target as full-year profits slip
Posted at 07:40h
in
News
by KMFSLLP
Bank of Ireland said on
Monday it would take longer than anticipated to hit a return on
tangible equity (ROTE) above 10% as it targeted further cost
cuts after underlying pretax profits fell for the fourth
successive year.
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