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...Richie Boucher, Bank of Ireland chief, got similar treatment three years earlier, when Mr Ross — described by associates as mild-mannered but intense — bowled in to save the lender from state ownership....
...Mr Ross and Fairfax indicated Tuesday that they would retain their remaining shareholdings for the time being....
...Mr Boucher said the bank wanted to buy back the shares and was reviewing options....
...Within weeks they had pieced together a consortium that included US billionaire Wilbur Ross, Capital Research and Fidelity Investments....
...The sole survivor of the cull is Richie Boucher, Bank of Ireland’s chief executive, who was spared after bringing in private equity investors and staving off state control....
...Shane Ross, a shareholder and member of the Irish parliament, told the meeting it was quite exceptional that management could lead the share price down to €0.10....
...Last month, Bank of Ireland became the only Irish bank to remain in private hands after Wilbur Ross, the US billionaire, and a number of US and Canadian investors committed to buy a 37 per cent stake in...
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