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Out Of Office Out of Office: Bankinter’s arrival, copper’s soaring value, Citibank’s surging profits
The revelation this morning that Spain’s Bankinter is to enter the Irish market has generated plenty of interest and discussion among the business community. The company is to seek a full banking licence here after its success in mortgages through Avant Money, which it owns. Our business editor Lorcan Allen has analysed what this could mean for the Irish banking sector, and believes one Irish bank in particular should be worried.
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