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KBC Bank's exit from Ireland triggers antitrust worries, EU's McGuinness says

By Jack Schickler ( April 20, 2021, 14:28 GMT | Insight) -- KBC's exit from the Irish banking market is generating concerns in Brussels and the EU’s financial services chief Mairead McGuinness is preparing to intervene on the matter, she said today. McGuinness said that the Belgian lender’s decision to sell its assets to Bank of Ireland raises competition concerns, given the already sparse Irish market.KBC's exit from the Irish banking market is generating concerns in Brussels and the EU’s financial services chief Mairead McGuinness is preparing to intervene on the matter, she said today....

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