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AIB buying Goodbody stockbrokers for 138 million euro

Mar 2, 2021 15:03 By radiokerrynews
AIB buying Goodbody stockbrokers for 138 million euro AIB buying Goodbody stockbrokers for 138 million euro
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AIB is buying Goodbody stockbrokers for 138 million euro. Goodbody, which is 51% owned by Killorglin-based FEXCO, manages assets of around 8 billion euro

AIB is buying Goodbody stockbrokers for 138 million euro.

Goodbody, which is 51% owned by Killorglin-based FEXCO, manages assets of around 8 billion euro and employs 300 people in offices across Ireland and the UK.

It will remain as a separately regulated entity with its own brand and board.

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AIB will continue to adhere to the Government's pay restrictions, with separate remuneration structures in place for Goodbody.

Finance Minister Pascal Donohoe says it is a positive development for the economy:

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