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AIB makes most of limited options with broking and life moves

Richard Curran


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Donal Galvin, chief financial officer of AIB and Colin Hunt, AIB’s CEO

Donal Galvin, chief financial officer of AIB and Colin Hunt, AIB’s CEO

Donal Galvin, chief financial officer of AIB and Colin Hunt, AIB’s CEO

AIB chief executive Colin Hunt is putting the bank back into higher growth businesses where it can maximise the limited opportunities the Irish market brings. AIB had to scale back massively after the financial crash by selling off several businesses, including its Polish operations, its life and pensions joint venture Ark Life, and Goodbody Stockbrokers.

Before Christmas it emerged AIB was in the running to buy back Goodbody, and this week reports said it was in talks to start up a new joint venture with Irish Life.


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