Bank of Ireland lowers ROTE target as full-year profits slip
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.
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.
Posted by Reuters
