Allied Irish Banks plc News

Over the past 60 years, the United States has seen, and survived, 10 recessions .

The Polish subsidiary of Allied Irish Banks , Bank Zachodni WBK SA, saw its shares fall this morning after Fitch Ratings lowered its debt outlook for the Polish bank and the stock was downgraded by UniCredit ...

It is shaping up to be another day of carnage on the Dublin market with the ISEQ down 5.28pc as banks again went in to free-fall after a downgrade for AIB and continued fears over the future for top US ...

FITCH Ratings cut its outlook for Allied Irish Banks ' credit rating to 'negative' from 'stable' yesterday over increasing fears the bank's bad loan losses will rise as the economy deteriorates.

Irish banking stocks were largely lower yesterday as Davy, Goodbody Stockbrokers and Merrill Lynch each reduced forecasts for the sector amid slowing loan growth and rising bad debts.

THE chairman of Allied Irish Banks in the Channel Islands has been sacked from his position as chairman of Jersey's Waterfront Enterprise Board over his role in a property project involving Harcourt ...

The report examines the company's key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.

Northern Trust has launched the first ETF to offer exposure to Ireland: NETS ISEQ 20 Index Fund .

ALLIED Irish Bank, which two weeks ago stunned investors with news of a huge suspected currency fraud at its US operations, today said it had finalised its losses from the debacle at A 483 million.

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Bank Zachodni WBK SA, the Polish subsidiary of Allied Irish Banks fell in Warsaw trading this morning after Raiffeisen Centrobank AG cut its price estimates for the Polish financial institution.

The Bank is obligated to make payments of principal and interest when due, as well as the purchase price for tendered bonds.

The Dublin market sank deeper in to the red this morning with Anglo Irish taking over from Bank of Ireland as the main faller.

Finantix, a global provider of component-based, front-office solutions, today announced that Allied Irish Banks , the leading banking and financial services group in Ireland, has selected Finantix to support ...

Yingli Green Energy said first-quarter net income rose to $31.9 million, or 25 cents a U.S.-listed share, from $1.2 million. via MarketWatch

“We're looking to follow the population and business trends”

Bank of Ireland is spending 30m adding five new branches and extending and refurbishing existing outlets in Dublin . via Irish Independent

Bank Zachodni WBK SA, the Polish unit of Allied Irish Banks, said first-quarter profit declined 6.7 per cent after costs and provisions increased. via Ireland.com

“In common with other banks, however, the actual outcome could be affected by highly volatile conditions and their potential effect on our business, funding and the market value of our assets”

Allied Irish Banks is still targeting a low single-digit percentage increase in 2008 adjusted earnings per share, chairman Dermot Gleeson told shareholders at the company's annual meeting in Dublin today. via The Irish Times

Irish shares surged yesterday as investors globally were cheered by better-than-expected figures from Intel and JP Morgan. via Irish Independent

Hibernian Group plc , Ireland's largest insurer, today announced its planned entry into the Irish health insurance market following its agreement to acquire the majority shareholding in VIVAS Group Ltd. via Waterford Today