Advertisement
UK markets close in 5 hours 26 minutes

  • FTSE 100

    8,118.15
    +39.29 (+0.49%)
     

  • FTSE 250

    19,830.43
    +228.45 (+1.17%)
     

  • AIM

    755.71
    +2.59 (+0.34%)
     

  • GBP/EUR

    1.1661
    +0.0005 (+0.04%)
     

  • GBP/USD

    1.2518
    +0.0008 (+0.06%)
     

  • Bitcoin GBP

    51,505.38
    +446.31 (+0.87%)
     

  • CMC Crypto 200

    1,391.51
    -5.03 (-0.36%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • CRUDE OIL

    83.93
    +0.36 (+0.43%)
     

  • GOLD FUTURES

    2,360.60
    +18.10 (+0.77%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • HANG SENG

    17,651.15
    +366.61 (+2.12%)
     

  • DAX

    18,058.42
    +141.14 (+0.79%)
     

  • CAC 40

    8,039.04
    +22.39 (+0.28%)
     

AIB CEO says a Brexit vote could affect IPO plans

Reuters - UK Focus

DUBLIN, March 3 (Reuters) - Allied Irish Banks (Berlin: 30544177.BE - news) ' potential return to the stockmarket later this year could be affected if Britain decides to leave the European Union in a referendum in June, the bank's chief executive said on Thursday.

The bank said in its full-year results on Thursday that a so-called "Brexit" was "fraught with economic uncertainty" for Ireland (Other OTC: IRLD - news) and said it has made contingency plans for such an outcome.

"It (Other OTC: ITGL - news) could have an impact but given the size and scale of our business in that market place (Britain), it's less likely to have an impact but I couldn't tell," AIB's CEO Bernard Byrne told a news conference when asked if a possible Brexit could halt an initial public offering (IPO) in the third quarter. (Reporting by Padraic Halpin; Editing by Susan Fenton)