Topic Search

Articles matching 'AIB Bank'

Yet another AIB service removed
10 hours ago

Madam -- Like many others, I received a letter from AIB, the bank the taxpayer has bailed out to the tune of €20bn. In this missive, I was informed that yet another service would be withdrawn, the cashsave account that I have held for the last 31 years.
AIB staff to get pay hikes as 'secret bonuses' for senior chiefs revealed
1 week ago

ALLIED Irish Banks will have to increase pay for hundreds of workers because senior executives received nearly €4m in secret bonuses allegedly designed to prevent them from abandoning the State-owned institution.A Northern Ireland employment tribunal has
AIB dips into debt markets raising €395m
2 weeks ago

ALLIED Irish Banks returned to the debt markets yesterday for the first time since the crisis hit, raising €395m in bonds secured against UK mortgages.The deal follows Bank of Ireland and Irish Life & Permanent's successful debt issues last year, and mea
Bank of Ireland: 600 more jobs at risk on top of 750 already earmarked
1 week ago

FINANCE union chiefs fear another 600 jobs could be lost at Bank of Ireland after a redundancy deal for the first swathe of lay-offs was agreed.Bank of Ireland told workers in an email this morning that it has set a payout limit of €225,000 for staff lea
End of free banking as Ulster to charge for account
5 days ago

Customers are facing a battle to get free banking -- as the last bank pulled the plug on its no-fee accounts.The move by Ulster Bank means that all six banks offering current accounts will now impose fees unless customers meet stringent conditions.The ch
Spain's woes upstage AIB
2 weeks ago

THE continuing eurozone crisis is overshadowing AIB's success in raising €395m secured on UK mortgages.AIB's triumph was the first time the state-owned bank had succeeded in raising unguaranteed funding since November 2009 and the first time it had raise
State to receive overvalued AIB shares instead of cash
3 weeks ago

AIB is set to use its massively-overvalued shares to pay a €280m dividend to the State instead of using hard cash -- but the Department of Finance last night insisted the move would have no impact on the national accounts or finances.The bank, which is 9
Series of intense meetings with AIB and Bank of Ireland's top bosses ahead of bank guarantee
4 weeks ago

Documents obtained by the Sunday Independent reveal there was a series of intense meetings between the Department of Finance and Ireland's two biggest banks in the run up to the State guarantee.The first took place at 10.40am on September 4 when two offi