While the Retail Banking Review contains a large number of recommendations, these are likely to have modest impacts on investment cases and in some instances look to equalise treatments between bank and non-bank providers by bringing non-bank activities within regulated perimeters. As we stated yesterday (November 29th), the relaxation of remuneration restrictions is welcomed, while clarity on policy direction is also extremely helpful in the context of the significant market changes.
Davy research
Davy ResearchMarket comment - Irish consumer spending holding up better than expected
Davy ResearchDisruptive technology - Week 3 – US Bellwether Blast: MSFT’s Q223 earnings
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Davy ResearchTreatt plc - AGM trading update
Davy ResearchMarket comment - Irish housing completions grow close to 30,000 in 2022
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