Ireland moved on Thursday to accelerate the cleanup of its banking crisis, seizing majority control of Allied Irish Banks, once the country’s largest, and consolidating the government’s grip ...

Allied Irish is a well-run institution with a dominant position in the attractive Irish economy and with a well-covered dividend currently yielding over 9%.

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 ...

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 ...

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 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 (AIBG.I) will close 15 branches in the Irish Republic by the end of the year, it said on Tuesday, citing an "unrelenting" shift to digital banking, competition from non ...

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 ...

Allied Irish Banks, P.L.C. (OTCPK:AIBGY) Q4 2023 Earnings Conference Call March 6, 2024 4:00 AM ET Company Participants Colin Hunt - Chief Executive Officer Donal Galvin - Chief Financial Officer ...

LONDON (MarketWatch) -- Allied Irish Banks said Thursday that it expects profit growth for 2007 on a constant exchange rate basis in all its operating divisions. The bank said its targeting growth ...

Allied Irish Banks Plc plunged in Dublin trading as the lender prepares to cut the number of shares it has in issue by more than 99 percent in an reorganization of its capital structure before a ...