Allied Irish Banks

Allied Irish Banks 18/05/2012

04:39 : AIB staff to get pay hikes as 'secret bonuses' for senior chiefs revealed - ALLIED Irish Banks will have to increase pay for hundreds of workers because senior executives received nearly €4m in secret bonuses allegedly designed to prevent them from abandoning the State-owned institution.

Source : independent-ie

Allied Irish Banks 10/05/2012

04:43 : AIB dips into debt markets raising €395m - ALLIED Irish Banks returned to the debt markets yesterday for the first time since the crisis hit, raising €395m in bonds secured against UK mortgages.

Source : independent-ie

Allied Irish Banks 27/04/2012

07:15 : AIB repaying €3.1m to customers - State-owned Allied Irish Banks is repaying €3.1 million to 11,500 customers over discrepancies on optional insurance products sold with credit cards following an investigation into complaints made by customers last year.

Source : irishtimes-com

Allied Irish Banks 05/04/2012

12:42 : AIB to close Isle of Man and Jersey offshore subsidiaries - ALLIED Irish Banks, which is now majority owned by the State, is to close subsidiary offshore operations in Jersey and the Isle of Man at the end of next year.

Source : independent-ie

Allied Irish Banks 31/03/2012

04:54 : AIB loan losses have 'peaked' at €8.2bn, claim bank chiefs - ALLIED Irish Banks insisted yesterday that its loan losses "peaked" at €8.2bn last year and said the bank would be well-positioned to attract private investment by 2013.

Source : independent-ie

Allied Irish Banks 08/03/2012

12:09 : AIB seeking 2,500 voluntary redundancies by end of 2013 - Allied Irish Banks confirmed today it will seek 2,500 redundancies, 500 more than initially signalled, in a bid to cut annual payroll costs by €170 million.

Source : irishtimes-com

11:53 : Allied Irish to shed 2,500 jobs - Allied Irish Banks, the parent company of First Trust in Northern Ireland, confirms that it is cutting its workforce across the UK and Ireland by 2,500.

Source : news-bbc-co-uk

Allied Irish Banks 07/03/2012

20:31 : Allied Irish Banks to cut 2,500 jobs - Allied Irish Banks, one of the banks rescued by the Irish taxpayer and the international bailout, is to announce 2,500 redundancies on Thursday.The announcement is a blow to the economy after earlier data on Wednesday showed ...

Source : guardian-co-uk

15:27 : AIB 'to seek' 2,500 redundancies - Allied Irish Banks is preparing to cut as many as 2,500 employees, 500 more than the figure signalled by the lender in April, according to reports today.

Source : irishtimes-com

Allied Irish Banks 01/03/2012

05:37 : Banks must lend €15bn to SMEs over two years - ALLIED Irish Banks and Bank of Ireland will have to lend €15bn between them to small business over the next two years under new targets set out by the Department of Finance.

Source : independent-ie

Allied Irish Banks 22/01/2012

13:33 : UPDATE 1-Irish banks in talks about mortgage 'bad bank'-report - DUBLIN, Jan 22 (Reuters) - Irish state-controlled banks Allied Irish Banks and permanent tsb are in advanced talks with officials about putting their loss-making tracker mortgages in off-balance sheet vehicles or the former Anglo ...

Source : reuters-com

12:16 : Irish banks in talks about mortgage 'bad bank'-report - DUBLIN, Jan 22 (Reuters) - Irish state-controlled banks Allied Irish Banks and permanent tsb are in advanced talks with officials about putting their loss-making tracker mortgages in off-balance sheet vehicles or the former Anglo ...

Source : reuters-com

11:41 : Irish banks in talks about mortgage 'bad bank': report - DUBLIN (Reuters) - Irish state-controlled banks Allied Irish Banks and permanent tsb are in advanced talks with officials about putting their loss-making tracker mortgages in off-balance sheet vehicles or the former Anglo ...

Source : reuters-com

Allied Irish Banks 11/01/2012

18:59 : EBS staff to strike again in bonuses dispute - DUBLIN, Jan 11 (Reuters) - Staff at Irish lender EBS will hold a second one-day strike, including a picket outside the offices of owner Allied Irish Banks, on January 26 over non-payment of bonuses for junior employees, trade ...

Source : reuters-com

16:42 : Lynch family wins stay on AIB order - Businessman Philip Lynch and his family have secured a stay preventing Allied Irish Banks moving to enforce €26 million judgment orders against them pending their appeal to the Supreme Court.

Source : irishtimes-com

Allied Irish Banks 13/12/2011

16:52 : Irish PM to meet bank chiefs in January - DUBLIN, Dec 13 (Reuters) - Ireland's prime minister will meet the heads of Bank of Ireland, Allied Irish Banks and Ulster Bank next month to discuss a range of issues including passing on ECB rate cuts to ...

Source : reuters-com

Allied Irish Banks 09/12/2011

05:05 : Philip Lynch is liable for €25m loan in failed case - BUSINESSMAN Philip Lynch and his family have been declared liable for a €25m loan to Allied Irish Banks for development lands in Waterford, which are now valued between €3m and €4m.

Source : independent-ie

Allied Irish Banks 08/12/2011

15:43 : Lynch loses AIB land loan case - Businessman Philip Lynch and his family are liable to Allied Irish Banks for a €25 million loan issued to them to buy development lands in Waterford, the Commercial Court has ruled.

Source : irishtimes-com

Allied Irish Banks 29/11/2011

18:04 : BoI, AIB 'to meet SME lending target' - The head of the Credit Review Office says he expects lending by Bank of Ireland and Allied Irish Banks to small and medium-sized businesses to be “in or around” the €3 billion target for the year after they ...

Source : irishtimes-com

Allied Irish Banks 25/11/2011

11:29 : AIB settles action over 'problematic' IT systems - ALLIED Irish Banks (AIB) has settled an action against two international companies over a software product that was allegedly "beset with serious technical problems".

Source : independent-ie

Allied Irish Banks 22/11/2011

19:11 : UPDATE 1-Allied Irish Banks names Duffy as new CEO - DUBLIN, Nov 22 (Reuters) - Allied Irish Banks (AIB) has hired David Duffy, a former senior executive at South Africa's Standard Bank International and Dutch bank ING, as its new chief executive with a salary capped at 500,000 ...

Source : reuters-com

Allied Irish Banks 21/11/2011

17:00 : UPDATE 1-AIB sells asset mgr to S. Africa'S Prescient - DUBLIN, Nov 21 (Reuters) - State-controlled Allied Irish Banks (AIB) has sold its Dublin-based asset management arm to South African investment management firm Prescient Holdings for an undisclosed sum, AIB said on Monday.

Source : reuters-com

Allied Irish Banks 11/11/2011

07:38 : AIB relents and passes on cut in interest rate to homeowners - ALLIED Irish Banks cut its variable mortgage rate in a surprise move last night, despite being told by Finance Minister Michael Noonan that a reduction was not necessary.

Source : independent-ie

Allied Irish Banks 10/11/2011

22:22 : UPDATE 1-Ireland's AIB cuts mortgage rate after gov't pressure - DUBLIN, Nov 10 (Reuters) - Allied Irish Banks will cut the variable rate of interest it charges on its home loans by a quarter of a percent, it said on Thursday, after the government threatened to pass legislation forcing lenders ...

Source : reuters-com

Allied Irish Banks 04/11/2011

17:29 : Ireland may ask euro partners to take stake in AIB - DUBLIN, Nov 4 (Reuters) - Ireland may ask its European partners to take a stake in Allied Irish Banks to help take on the burden of supporting the country's struggling banking sector, Finance Minister Michael Noonan ...

Source : reuters-com

Allied Irish Banks 27/10/2011

23:34 : Blackstone, Wells to buy Allied Irish U.S. loans - (Reuters) - Blackstone Group LP and Wells Fargo & Co have teamed to buy a pool of about $600 million (373 billion pounds) in loans on U.S. commercial property from Allied Irish Banks Plc ...

Source : reuters-com

Allied Irish Banks 17/10/2011

18:43 : AIB secures 'solicitation' order - Allied Irish Banks has secured a number of court orders restraining three former executives and a rival company from soliciting any clients or staff of AIB's International Financial Services business for a six month period.

Source : irishtimes-com

Allied Irish Banks 16/10/2011

10:46 : Duffy set to be announced as AIB's new CEO-report - DUBLIN, Oct 16 (Reuters) - Allied Irish Banks (AIB) will shortly announce that David Duffy, a former executive at ING Barings and South Africa's Standard Bank , has been hired as its new chief executive, The Sunday Business Post ...

Source : reuters-com

Allied Irish Banks 10/10/2011

19:49 : Bank failed to check 'tycoon's' wealth - Court hears that accused used forged documents to borrow millions as part of scam against Allied Irish Banks and LloydsAllied Irish Banks failed to check the credentials of a supposed Greek shipping tycoon before embarking on ...

Source : guardian-co-uk

Allied Irish Banks 29/09/2011

20:57 : Accused fraudster Achilleas Kallakis used forgeries to give illusion of ... - Nephew of shipping tycoon alleged to have secured 17 loans, largely for property purchases, by deceptionAchilleas Kallakis, the nephew of a Greek shipping tycoon, used a slew of forged documents to give the illusion of vast wealth as part ...

Source : guardian-co-uk