Allied Irish Banks plc News

A Dublin pedestrian walks past a wall covered in graffiti that reads "Hope & Renewal." With unemployment stuck at 14 percent, some Irish parents are urging their children to emigrate to find work.

Allied Irish Banks has told staff that it expects to be able to announce long-awaited redundancy terms for more than 2,000 staff within the next month.

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On 27 July 2011, the bank issued 500 billion shares at 0.01 EUR each. In our article we gave a price target of 0.033 EUR per Ireland-listed share, and $0.49 per ADR.

Anthony Roche is urging his unemployed son to emigrate to Australia from Ireland to escape joblessness stemming from the country's economic collapse.

Corporate lawyers, A and L Goodbody, advised on a total of 39 mergers and acquisitions during 2011 - more than any other Irish law firm - with a total value of $11,969bn, according to new data compiled by Thomson Reuters.

Staff at Irish lender EBS have suspended plans for a second one-day strike after their union Unite agreed a deal with management over bonuses for junior employees.

Ireland's government bailed out the banks. Now, the banks may help the state sidestep a second rescue by easing the financing pressure on the nation just as its aid is due to run out.

IRISH shares surged yesterday as most sectors thrived on the back of a strong return to the markets by the NTMA and positive comments on Wednesday night from US Federal Reserve chairman Ben Bernanke .

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 in the former Anglo Irish Bank, The Sunday Business Post in Ireland reported.

Tsvetelina Borislavova is pictured here at an award ceremony for the most influential Bulgarian women with Sofia Mayor Fandakova and EU Commissioner Kristalina Georgieva .

Allied Irish Bank was 'desperate' to lend 750 million to controversial businessman Achilleas Kallakis to fund his expansive UK property portfolio, a court in London was told yesterday.

IRISH shares soared to their highest level in more than 18 months after strong unemployment figures in the US combined with encouraging debt auctions in Europe to push stock higher.

Allied Irish Banks' mortgages in arrears for more than 90 days were just over 4pc at the end of September, its head of mortgages Jim O'Keeffe said today.