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Bank of Ireland signals first share buyback in two decades


Bank of Ireland signals first share buyback in two decades
Lender plans to revive the sale of long-standing problem mortgages this year
Mon, Mar 1, 2021, 11:21
 
Bank of Ireland shares rose on Monday as executives signalled they may launch a share buyback programme next year for the first time in almost two decades, after the lender posted better-than-expected 2020 results with loan losses stemming from the Covid-19 economic shock appearing to be less than feared.
The bank reported an underlying pre-tax loss of €374 million last year, which was much better than the consensus view among analysts of a shortfall of almost €600 million. This was helped by the fact that its loan loss provisions came to €1.1 billion – at the bottom of the €1.1 billion to €1.3 billion range that the bank had previously forecast. ....

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Lloyds lifts us to £1.3m! Bank donates £500,000s worth of laptops


The Mail Force laptop campaign has smashed through the £1million barrier in just four days.
The phenomenal milestone has been reached thanks to reader generosity – and a stunning donation from Lloyds. The banking giant has offered 1,000 top-of-the-range laptops worth £500,000.
It is a sensational moment for the Computers for Kids drive to get urgently-needed devices to lockdown pupils. Our readers have now given the charity a staggering £445,000 – since only Saturday – helping children struggling to access online lessons.
Lloyds threw half a million pounds into the pot by donating 1,000 Surface Go 2 devices. Part laptop, part tablet, the cutting-edge machines have detachable screens. ....

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