M&T reports 22% fall in profits
M&T BANK, the American lender in which AIB is the largest shareholder, has reported a 22% fall in annual profits after taking a $127 million write-down in the value of investments linked to subprime mortgages.
M&G has reported a 5% rise in third quarter net retail inflows compared with the same period last year, with inflows hitting £1.74 billion.