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

Allied Irish Bank (AIB) is working with Microsoft to rollout AI-powered tools to its employees.  As part of the digital transformation Microsoft 365 Copilot will be deployed to the majority of AIB ...

Allied is now the fourth financial institution that the government has effectively nationalized, after Anglo Irish Bank and the building societies EBS and Irish Nationwide. Together, they have ...

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. The bank was effectively nationalised in 2010 ...

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 ...

One diamond in the rough is Allied Irish Banks (AIB), not to be confused with Anglo-Irish Bank, which is also publicly traded. Allied Irish is a well-run institution with a dominant position in ...

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 ...

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 ...

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 ...

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 ...

Allied Irish Banks Plc, the country’s biggest government-controlled lender, is finalizing details of a redundancy package for more than 2,000 staff that will likely include a limit on individual ...