Allied Irish Banks plc News

Central Bank Governor Patrick Honohan said the cost of recapitalising the country's banks will be "manageable" for the Government.

About 40,000 customers of Allied Irish Banks have been overcharged to the tune of four million euro, it has been revealed.

Monday, February 08 11:46:00 Allied Irish Banks today announced that Bernard Byrne, Group Financial and Commercial Director of the ESB, has been appointed as the bank's new group Chief Financial Officer .

European stocks fell for a fourth week, the longest losing streak since July, amid concern that Greece, Spain and Portugal will struggle to curb their budget deficits.

Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Thursday evening.

Allied Irish Banks' new boss Colm Doherty has enlisted a former colleague in the group's capital markets division to overhaul credit management of the loss-making group -- as he unveiled a raft of appointments to his executive team.

ALLIED Irish Banks is set to become a reluctant and partial owner of New York 's biggest apartment block after the collapse of one of the largest property deals in US history.

TWO separate reports yesterday pointed to green shoots in the economy. A survey suggested that two-thirds of adults believed the economy had either stabilised or improved, while Ulster Bank predicted economic growth would resume towards the end of the year.

WHO were the best performers on the ISEQ this month? With just a few days to go before January comes to an end, we can see some sort of pattern emerging with strong performances from both food and oil stocks.

Standard & Poor's Ratings Services on Tuesday cut its long- and short-term counterparty credit ratings for Bank of Ireland /quotes/comstock/13*!ire /quotes/nls/ire and Allied Irish Banks /quotes/comstock/13*!aib /quotes/nls/aib to A-. The rating agency also revised downward its Banking Industry Country Risk Assessment for Ireland to group 4 from ...

BANK of Ireland raised 2.5bn yesterday by selling a five-year bond that is covered by the new state banking guarantee.

Ireland will soon have a banking system that is "fit for purpose" and which is no longer a driver of economic growth, according to Brian Lenihan 's economic adviser Alan Ahearne .

Allied Irish Banks today had a receiver appointed to companies controlled by developer Liam Carroll after debts of a 554 million went unpaid.

Allied Irish Banks has initiated court action in a bid to recover more than a 550 million in unpaid loans and interest made to companies in developer Liam Carrolla s troubled Zoe Developments building group.

ALLIED Irish Banks declined to say yesterday how much it stands to lose on two loans in the US where borrowers ran into problems this week.

Dermot Gleeson must be hoping that his role as non-executive chairman of Travelport, the airline and hotel reservations group, which is planning a 1.8 billion London stock market listing, proves less contentious than his previous corporate berth.

THE starting gun will be fired this week on a slew of stock market listings as Travelport, the airline and hotel reservations company, announces plans for a 1.8 billion flotation in London.

Goodbody Stockbrokers could be put up for sale under one of the measures being considered by Brussels as part of the restructuring plan for Allied Irish Banks , the firm's parent, according to sources.

Allied Irish Banks is one of three banks that has begun the foreclosure process on New York's largest apartment complex.

Irish shares advanced yesterday, in line with other European markets, as investors greeted buoyant economic data on both sides of the Atlantic.