The Irish government has recapitalized Allied Irish Banks with an injection of €3.7 billion ($4.85 billion).

Allied is now the fourth financial institution that the government has effectively nationalized, after Anglo Irish Bank and the building societies EBS and Irish Nationwide. Together, they have ...

State-owned Allied Irish Banks (AIB) (ISE:AIB) more than halved its full-year loss in 2013 and returned to an operating profit as margins improved and cost cuts took hold. The bank has shut ...

Allied Irish Banks (AIB) said it plans to cut its workforce to below 8,000 by 2022, a sharper reduction than previously flagged, after it reported on Friday a 23% dip in pre-exceptional full year ...

One diamond in the rough is Allied Irish Banks (AIB), not to be confused with Anglo-Irish Bank, which is also publicly traded. Allied Irish is a well-run institution with a dominant position in ...

Allied Irish Banks PLC said a rogue trader at its U.S. unit incurred losses of $750 million through unauthorized trading, sparking an inquiry by the Federal Bureau of Investigation and a scramble ...

Allied Irish Banks, P.L.C. (OTCPK:AIBGY) Q4 2023 Earnings Conference Call March 6, 2024 4:00 AM ETCompany ParticipantsColin Hunt - Chief Executive ...

Allied Irish Banks is fighting a multi-million-pound London lawsuit brought by the son of a fake tycoon who conned the Irish lender out of more than 700 million pounds over a decade ago, a ...

LONDON (MarketWatch) -- Allied Irish Banks on Wednesday cut its earnings target for the year to around 1.20 euros per share from a range of 1.85 euros to 1.90 euros given in July, citing rising ...

LONDON—Allied Irish Banks PLC on Friday appointed Bernard Byrne as its new chief executive with immediate effect, replacing David Duffy who is leaving after just over three years in the role ...

Allied Irish Banks (AIB) says no need for capital AIB outstanding loans to small business at record levels Bank of Ireland opens 500 business accounts a week in Nov. Bank of Ireland says faces ...