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Allied Irish Banks plc

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Allied Irish Banks plc News

News on Allied Irish Banks plc continually updated from thousands of sources around the net.

Saturday | The Sligo Champion

Irish bank shares creep up despite default fears Investors confident...

INVESTORS in the two main Irish banks joined their counterparts in other European countries yesterday by shrugging off fears that a brewing financial crisis in Dubai could unhinge wider economic recovery prospects.

Comment?

Related Topix: Financial Services

Saturday | Motley Fool

Why I'm Down More than 70%, and How You Can Avoid My Mistakes

As any graduate of Alcoholics Anonymous knows, the first step to setting out on the proper path is admitting your weakness.

Comment?

Related Topix: Psychology, Science, Financial Services, Real Estate, Anthracite Capital, Construction, NCI Building Systems, South Financial Group Inc The, Banking, Warren Buffett

Wed Nov 25, 2009

Kildare Nationalist

NAMA not a panacea, warns Sheehy

The creation of the Government's National Asset Management Agency won't have any immediate benefit for consumers borrowing money next year, the outgoing boss of Allied Irish Banks warned TDs and senators yesterday.

Comment?

Related Topix: Financial Services, Governor and Company of the Bank of Ireland, Mary Mcaleese

Tue Nov 24, 2009

MarketWatch

Europe Markets: European shares pressured as banks decline

European shares weakened on Tuesday, with banks leading the decline after a report from ratings agency Standard & Poor's raised worries about capital levels in the sector.

Comment?

Related Topix: Banking, Financial Services, Ubs Ag, Financial Markets

Mon Nov 23, 2009

Business World

ISEQ rises as NAMA becomes law

President Mary McAleese has signed the legislation establishing the National Asset Management Agency , a "bad bank", allowing the government to start cleaning up banks' balance sheets.

Comment?

Related Topix: Mary Mcaleese, Financial Services

Irish Independent

Canadians still have an eye on AIB's stake in US lender

Allied Irish Banks , which needs to raise billions of euro to bolster its capital reserves over the next few years, is continuing to be circled by Canadian Imperial Bank of Commerce , according to sources.

Comment?

Related Topix: Financial Services, Canadian Imperial Bank of Commerce, Banking, Canada,

Sat Nov 21, 2009

Kildare Nationalist

Carroll's 29pc stake in ICG is finally placed on the market

Embattled developer Liam Carroll 's 29.8pc stake in Irish Continental Group was placed on the market yesterday afternoon at 12.30 a share -- erasing fears that loans underpinning the stake would end up in the National Asset Management Agency .

Comment?

Related Topix: Financial Services

Fri Nov 20, 2009

Irish Examiner

Government and AIB agree on new management

THE musical chairs in and around Allied Irish Banks became clearer yesterday after it and the Government reached agreement on its new management appointees.

Comment?

Related Topix: Financial Services

Thu Nov 19, 2009

Ireland.com

Salary of new AIB executive chairman ...

Allied Irish Banks has yet to reach agreement with the Government on the annual salary to be paid to Dan O'Connor who was named executive chairman of the bank yesterday in the long-awaited management reshuffle.

Comment?

Related Topix: Financial Services

Wed Nov 18, 2009

Kildare Nationalist

AIB raises bad-debt forecast as property loans sour

Allied Irish Banks raised its 2009 bad-debt forecast as losses on property loans increase.

Comment?

Related Topix: Financial Services

Tue Nov 17, 2009

Irish Independent

05:00 Lenihan and AIB have really played a blinder on this one

THERE are two clear winners from this dispute: Allied Irish Banks and Finance Minister Brian Lenihan .

Comment?

Related Topix: Financial Services, Opinion

Midulster Today

Lenihan rejects salary cap breach

Your account has been frozen . For your available options click the below button.

Comment?

Related Topix: Financial Services

The Sligo Champion

AIB slashes minimum amount for its business bill service

ALLIED Irish Banks , chasing new markets following the collapse in demand for property lending, said yesterday that it will allow smaller companies to use its invoice discounting service.

Comment?

Related Topix: Financial Services, Mortgage, Home

Sat Nov 14, 2009

The Peninsula

Irish 'bad bank' ready to start loan transfers

DUBLIN: Ireland's 54bn 'bad bank' will start transferring the biggest commercial property loans from banks from January onwards, Finance Minister Brian Lenihan said yesterday.

Comment?

Related Topix: Financial Services, Business News

Fri Nov 13, 2009

PR-inside.com

AIB p.l.c. Announces Date for Interim Management Statement

This release will be available on our website www.aibgroup.com/investorrelations. Group results for the year ending 31st December 2009 will be announced on 3rd March 2010.

Comment?

Related Topix: Financial Services

Kildare Nationalist

AIB close to naming Doherty as group's new managing director

Allied Irish Banks and the Department of Finance are close to agreeing that Colm Doherty , the bank's choice for chief executive, will carry the new title of managing director of the group, it has emerged.

Comment?

Related Topix: Financial Services

Thu Nov 12, 2009

Irish Independent

Bank Zachodni third-quarter profits rise on lower costs

Bank Zachodni, the Polish unit of Allied Irish Banks , reported a 6.7pc increase in net income in the third quarter, beating analysts' estimates of a profit decline, as lower costs offset higher provisions.

Comment?

Related Topix: Financial Services

Irish Independent

Five in frame to run leading AIB division

Negotiations to install Allied Irish Banks ' head of capital markets, Colm Doherty , as chief operating officer of the group leaves five key players in line to vie for his current role in charge of the lender's most profitable division.

Comment?

Related Topix: Financial Services

Sun Nov 08, 2009

Kildare Nationalist

Quinn owns nearly 10pc of bonds in debt-ridden telco Smart

ESB chairman, and former Allied Irish Banks chairman, Lochlann Quinn has emerged as a bondholder in Smart Telecom , the troubled telecommunications firm that is emerging from examinership.

Comment?

Related Topix: Financial Services

Thu Nov 05, 2009

The Sligo Champion

Banks may raise capital in early 2010

Allied Irish Banks and Bank of Ireland may try to raise fresh capital in the first half of 2010 and avoid becoming majority owned by the state, according to the head of a group representing the country's biggest investors.

Comment?

Related Topix: Financial Services

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