Your Search Returned 35 tagged news reports
Irish lending declined for an eighth month in October as banks wrote down loan values and set aside extra money to cover bad debts, the Central Bank said. Private-sector credit fell by €2.3bn in October after a €4.4bn drop in September, the Central Bank...
Tags: Central Bank, central banks, Ireland, Dublin, Subprime crisis background information, Business Finance, Subprime mortgage crisis, Economic history of the United Kingdom, Stock market crashes, Allied Irish Banks, Bank, Credit, Credit card, Bank of Ireland, Subprime crisis impact timeline, Debt, Economic history of the United States, Financial services in the Republic of Ireland
Allied Irish Banks said Monday that it intends to participate in the government's National Asset Management Agency and that not taking part in the program would likely result in the partial or full nationalization of the bank. It said shareholders will...
Tags: Philippines, Nama, Nationalization, National Asset Management Agency, Politics, Allied Irish Banks, Business Finance, Financial services in the Republic of Ireland
The Bank of Ireland and Allied Irish Banks PLC both said Monday they plan to complete the transfer of loans to the government's "bad bank" by the middle of 2010. Bank of Ireland said it plans completion by mid-2010, while Allied Irish Banks said it is...
Tags: Bank of Ireland, Allied Irish Banks PLC, Philippines, Nama, National Asset Management Agency, Business Finance, Financial services in the Republic of Ireland, Allied Irish Banks, Politics, Economic history of the United States, Subprime mortgage crisis, Subprime crisis impact timeline, Federal Reserve, Bank, Quentin Fottrell
DID you know that Leinster House was haunted? No, not just by the ghosts of de Valera, Michael Collins and Countess Markievicz . They are mere run-of-the-mill spirits, civil war heroes or heroines, names regularly invoked by TDs to inflame earthly political...
Tags: United Kingdom, London, Bank of Ireland, Allied Irish Banks, Eugene Sheehy, Financial services in the Republic of Ireland, Business Finance
Colm Doherty , the newly appointed managing director of AIB , was one of the supporters of a controversial investment scheme to allow the bank to circumvent rules preventing AIB from buying and selling its own shares. Mr Doherty was head of the key AIB...
Tags: AIB, Mr Doherty, Mr McErlean, tax haven, Goodbody Stockbrokers, Furstenburg, capital markets, Germany, Berlin, Offshore finance, Finance, Tax avoidance, Allied Irish Banks, International taxation, Anti-globalization
The Iseq ended 0.33 per cent lower today in what was a pretty poor day for the Irish market. One trader described Ireland as the “loser” among the markets while another simply said that the country had “gotten left behind” while European and global markets...
Tags: United Kingdom, London, Business Finance, Bank of Ireland, Penny, Allied Irish Banks, Ryanair, Irish Stock Exchange, Cent, Financial services in the Republic of Ireland, Euro
The bank will eliminate its reliance on the Government’s banking guarantee over the lifetime of the restructuring plan, Molloy told a parliamentary committee in Dublin today. Bank of Ireland and Allied Irish Banks have both submitted restructuring plans...
Tags: Bank of Ireland, Pat Molloy, Ireland, Dublin, Loan, Allied Irish Banks, Business Finance, Financial services in the Republic of Ireland
The creation of the Government's National Asset Management Agency (Nama) won't have any immediate benefit for consumers borrowing money next year, the outgoing boss of Allied Irish Banks warned TDs and senators yesterday. Eugene Sheehy , who steps down...
Tags: Eugene Sheehy, Philippines, Nama, Business Finance, National Asset Management Agency, Allied Irish Banks, Bank of Ireland, Financial services in the Republic of Ireland, Non-Agricultural Market Access, Deflation, Bank, Inflation, Richie Boucher, Lenihan, Central bank
NEW AIB managing director Colm Doherty and other execs at the under-fire bank have seen the value of their bonus shares awarded in March rise more than fourfold...Dividends worth €52,904 on the shares were also paid out, according to an AIB spokesman.
Tags: AIB, bonus share, Louise, Financial services in the Republic of Ireland, Allied Irish Banks, Eugene Sheehy, Bank, Business Finance
Ireland and Allied Irish Bank are claiming more than $220m back from the carcass of collapsed investment bank Lehman Brothers. The bankruptcy of Lehman Brothers in September 2008 saw the financial crisis hit the turbo boosters. Lehman’s collapse with...
Tags: Lehman Brothers, lehmans brothers, Lehman’s, Quinlan Private, AIB, New York City, Allied Irish Banks, Bank of Ireland, Neuberger Berman, Financial services in the Republic of Ireland, Bankruptcy of Lehman Brothers, Business Finance, Social Issues