Governor and Company of the Bank of Ireland News

Shares of the big two banks are now trading at roughly the same levels as a year ago.

Dallas, TX- Allied Irish Banks, plc. plunged 7.30% to close at $3.68 on 6.75 million shares.

For Bank of Ireland, Nomura said it now expects an average discount of 29%, compared to the previous forecast of 23%, and for AIB it lifted its discount forecast to 31% from 28% following statements from both banks last week.

BANK of Ireland and AIB shares plunged more than 5% yesterday as the banks said non-participation in NAMA could have led to nationalisation.

The bank said it expects to start transferring assets to NAMA in January and that the transfers will be completed by the middle of 2010.

WILL this week's appearance before the Oireachtas Finance and Public Service Committee prove to be Richie Boucher 's Eugene Sheehy moment? By declaring that Bank of Ireland wouldn't need any more capital from the state, Boucher left an awful lot of hostages to fortune.

DID you know that Leinster House was haunted? No, not just by the ghosts of de Valera, Michael Collins and Countess Markievicz .

MINISTER FOR Finance Brian Lenihan has said the Government is seeking to maintain private ownership within the banking sector but that it may take a large stake beyond the 55 per cent of the system that it already controls.

BANK OF Ireland does not expect to seek further cash injections from the State according to the five-year restructuring plan submitted to the EU, but expects the Government to remain a substantial shareholder after the reorganisation is completed.

Bank of Ireland does not foresee the need for further state bailouts according to the restructuring plan submitted to the European Union, though it said the state would remain a substantial owner.

Wednesday, November 25 11:41:12 Bank of Ireland does not foresee the need for further state bailouts according to the restructuring plan submitted to the European Union, though it said the state would remain a substantial owner.

Monday, November 23 16:37:16 The chief executives and chairmen of Ireland's two largest banks will appear before the Oireachtas Joint Committee on Finance and the Public Service on Wednesday to discuss the interest premium over the cost of funds banks will charge to restore profitability.

The banks are behind in their preparations for Nama and are now finding the value of properties that they loaned against are coming in below expectations, writes Neil Callanan Bank of Ireland chief Richie Boucher Finance minister Brian Lenihan Anglo's Mike Aynsley With Nama 'due to bring some stability to the Irish property market during 2010' ...

BRIAN COWEN carried the white flag down the steps of the Dail chamber on Wednesday morning.

THE country's two largest banks still have many of the same directors who were in charge at the time of the near collapse of the banking system.

NO bank has managed to retain its entire top tier, but every bank has retained at least one link to the past -- apart from nationalised Anglo Irish Bank .

Three reporters from RTE were honoured today at the UCD Smurfit School Business Journalist Awards 2009.

The Bank of Ireland Seed and Early Stage Equity Fund will focus on export orientated high potential startup companies that operate in the technology , food and financial services sectors.

The so-called 'second wave' of bank losses, mainly arising from mortgages, is starting to show signs of emerging in bank balance sheets starting with Bank of Ireland.

American International Group was among the winners of the financial sector Thursday, a day before the insurer is scheduled to report third-quarter results.