AIB
Allied Irish Banks. One of the 'Big Four' Irish commercial banks. In February 2009 the government included AIB in a €7 billion rescue plan and on the 30th of September 2010 the Government took a majority stake in the bank, meaning that it is now a nationalised bank.
# aib - Monday 25 July, 2011
The 9 at 9: Monday
Nine things to know this morning: Norway gunman prepares for court, a Bank of Ireland deal saves YOU €245, and how long will it take you to smile today?
# aib - Friday 22 July, 2011
Garda team investigating potential €5m fraud from Anglo
A former senior official, now deceased, is suspected of having skimmed funds from Anglo’s customer deposits.
# aib - Thursday 21 July, 2011
Superquinn chief resigns with parting shot at receivers
Andrew Street is worried about the effect on suppliers from the supermarket’s recent troubles.
# aib - Monday 18 July, 2011
AIB increases interest rates – but mortgage repayments safe for now
AIB increases saving and lending rates, but there’s no move for standard rate mortgages for the time being.
Visa cards to replace Laser allowing for ‘contactless’ payments
AIB has announced it is joining Bank of Ireland in rolling out the new cards.
# aib - Friday 15 July, 2011
The 9 at 9: Friday
Nine things to know this morning…
# aib - Thursday 7 July, 2011
The 9 at 9: Thursday
Nine things to know this morning…
# aib - Monday 4 July, 2011
Take 5: Monday
5 minutes, 5 stories, 5 o’clock.
# aib - Wednesday 22 June, 2011
The Daily Fix: Wednesday
In this evening’s wrap-up: UVF blamed in Belfast, AIB battered in Bulgaria, and a strange new use for your toenail clippings…
AIB loses €216m on Bulgarian bank stake… in three years
AIB bought a 49.99 per cent stake in BACB in early 2008. Last week, it sold the same stake for just €100,000.
Take 5: Wednesday
5 minutes, 5 stories, 5 o’clock.
# aib - Wednesday 15 June, 2011
Eggs thrown at BOI executives during bank’s AGM
Shareholders have been questioning the bank’s performance, with one becoming so irate he threw eggs at the bank’s chairman and CEO in an attack akin to the one he launched at AIB’s 2009 AGM.
# aib - Tuesday 14 June, 2011
The Daily Fix: Tuesday
All the day’s news, and the bits and pieces you may have missed…
Take 5: Tuesday
5 minutes, 5 stories, 5 o’clock.
AIB saves taxpayer €1.6bn by burning junior bondholders
Preliminary results of AIB’s burden-sharing exercise, largely cleared by the courts last week, are positive for the public.
# aib - Monday 13 June, 2011
The Daily Fix: Monday
All the day’s news, and the bits and pieces you may have missed…
AIB has defaulted: the official verdict of a global banking group
The International Swaps and Derivatives Association says AIB’s plans for burden-sharing are tantamount to a default.
# aib - Thursday 26 May, 2011
€1: The price AIB will pay to take over EBS Building Society
The merger will be completed by July 1, but EBS will retain its own brand after AIB buys its shares for the price of €1.
# aib - Saturday 21 May, 2011
The 9 at 9: Saturday
Nine things you need to know before 9am including: Preparations underway for Obama visit; Garret FitzGerald to lie in repose in Dublin today; thousands protest in Spain; and the end of the world, or not.
# aib - Monday 16 May, 2011
The Daily Fix: Monday
Our daily wrap-up of what’s been going on – including a tongue-in-cheek tour of a certain house in Abbottabad…
Take 5: Monday
5 stories, 5 minutes, 5 o’clock.
AIB announces €8.3m refund over cash machine error
Millions were debited from customer accounts of people who used AIB ATMs for withdrawals – but didn’t receive the cash.
# aib - Saturday 14 May, 2011
The 9 at 9: Saturday
Nine things you need to know by 9am: France not bending on Ireland’s corporation tax; Department of Finance concerned about “generous” redundancy packages proposed by AIB; and a ‘commission on welfare’ to be set up.
# aib - Thursday 12 May, 2011
AIB announce junior bondholder burden-sharing scheme
Minister Noonan says AIB’s plan is the last chance to ensure appropriate burden-sharing by the bank’s bondholders.
# aib - Monday 9 May, 2011
Take 5: Monday
5 minutes, 5 stories, 5 o’clock.
# aib - Wednesday 4 May, 2011
Column: Nick Leeson on why accountability should come from the top down – not the other way around
Nick Leeson served time for the actions that brought down Barings bank. But what happened to the treasury, risk management and compliance professionals who failed to stop him? They’re still working in finance, of course.
# aib - Friday 29 April, 2011
Take 5: Friday
5 stories, 5 minutes, 5 o’clock.
Man arrested in connection with Tallaght tiger kidnapping
Two men were abducted in Tallaght last June. One,a bank worker, was forced to go to AIB in Crumlin Cross and withdraw a large sum of money.
AIB lost €10.4 billion in 2010
Company confirms the figure in its 2010 annual report, in which is says it will also reduce staff numbers by 2000 in the coming year.
# aib - Wednesday 27 April, 2011
Ever wanted to be a bank director? Now’s your chance
The Department of Finance says it will advertise in the papers, seeking expressions of interest for appointments to boards.
# aib - Thursday 21 April, 2011
Bankers may be ‘in breach of contracts’: Shatter
The Justice Minister has described the multimillion euro retirement package given to former AIB MD Colm Doherty as “grossly immoral” – and said that bankers who run their institutions poorly should be considered to be “in breach of contract”.
# aib - Wednesday 20 April, 2011
Ireland ‘seriously misjudged’ the ‘madness’: How the world sees the Nyberg report
Peter Nyberg’s report into the Irish banking crisis “reads like a psychologist’s report”, in the eyes of the world’s media.
# aib - Tuesday 19 April, 2011
Bank boards to be overhauled in the wake of the Nyberg Report
The Taoiseach says heads of banks will be held to account from now on, and that a referendum will be held to increase the power of the Oireachtas to hold people to account.
Banks, government, regulators all criticised in stinging Nyberg report
The Nyberg Report paints a damning picture of the banks, the regulators, and the government’s blanket bank guarantee.
The 9 at 9: Tuesday
Nine things you need to know by 9am: a former AIB director receives €3m in pay, Sean Quinn breaks his silence, and a smackdown for a moonwalking Romanian politician…
# aib - Monday 18 April, 2011
Ireland’s banks downgraded to junk status
The decision follows last week’s announcement that Ireland’s own credit rating was being downgraded to one notch above junk status.
The 9 at 9: Monday
Nine things you need to know by 9am: Enda’s “charm offensive” continues, MORE bad news for Irish banks, and a new €430m ski resort in… Louth?
# aib - Friday 15 April, 2011
EBS posts records losses of €590m for 2010
The results come as the building society prepares for a merger with Allied Irish Banks as ordered by the government last month.
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