The Irish government has recapitalized Allied Irish Banks with an injection of €3.7 billion ($4.85 billion).

Ireland moved on Thursday to accelerate the cleanup of its banking crisis, seizing majority control of Allied Irish Banks, once the country’s largest, and consolidating the government’s grip ...

Allied Irish is a well-run institution with a dominant position in the attractive Irish economy and with a well-covered dividend currently yielding over 9%.

Allied Irish Banks (AIB), one of Ireland's two major banks, has returned to full private ownership 15 years after it needed a government bailout.

LONDON—Allied Irish Banks PLC on Friday appointed Bernard Byrne as its new chief executive with immediate effect, replacing David Duffy who is leaving after just over three years in the role ...

LONDON (MarketWatch) -- Allied Irish Banks on Wednesday cut its earnings target for the year to around 1.20 euros per share from a range of 1.85 euros to 1.90 euros given in July, citing rising ...

State-owned Allied Irish Banks (AIB) (ISE:AIB) more than halved its full-year loss in 2013 and returned to an operating profit as margins improved and cost cuts took hold. The bank has shut ...

Allied Irish Banks PLC said a rogue trader at its U.S. unit incurred losses of $750 million through unauthorized trading, sparking an inquiry by the Federal Bureau of Investigation and a scramble ...

Allied Irish Banks on Wednesday increased its forecast bad-debt losses for the year to 5.3 billion euros ($7.9 billion) as it prepares to transfer around 24 billion euros of risky loans to a ...

Allied Irish Banks is fighting a multi-million-pound London lawsuit brought by the son of a fake tycoon who conned the Irish lender out of more than 700 million pounds over a decade ago, a ...

Allied Irish Banks, P.L.C. (OTCPK:AIBGY) Q4 2023 Earnings Conference Call March 6, 2024 4:00 AM ET Company Participants Colin Hunt - Chief Executive Officer Donal Galvin - Chief Financial Officer ...