Wednesday, February 10 2010

Topics

Allied Irish Banks plc

Your search has provided you with these search results from Independent.ie archives and the web. These results may not be related to your original enquiry.

AIB and Bank of Ireland are also expected to reduce staff numbers in the wake of Bank of Scotland (Ireland)'s decision to make 750 employees redundant. Photo: Steve Humphreys

Thousands of jobs to go as big banks slash costs

Wednesday February 10 2010

THOUSANDS of jobs are now on the line as other banks gear up to follow yesterday’s decision by Bank of Scotland (Ireland) to dramatically slash costs.

Departing foreign lenders will leave credit hole in their wake

Wednesday February 10 2010

THEY provided one-third of all loans in boom-time Ireland, but now there are increasing signs many of them are preparing to exit the market.

Workers tell of shock at getting bad news by conference call

Wednesday February 10 2010

A NOTICE neatly taped to the door stating that the branch would be closed for an hour from 2.45pm due to "unforeseen circumstances" was the first signal that something was amiss.

Bank woes push ISEQ into the red

Wednesday February 10 2010

THE ISEQ was one of few European indices that ended yesterday's trading session in the red, as continuing concern regarding the health of the banking sector and the wider economy weighed on investors. Retail sales in December were lower than expected, according to data yesterday.

Banking sector already shrinking due to downturn

Wednesday February 10 2010

BANK of Scotland (Ireland's) plans to scrap 750 jobs brings the number of job losses announced in the sector over the past 14 months to the 6,000 mark.

Halifax retail arm exit to prompt increase in fees by other banks

Wednesday February 10 2010

THE pullout of Halifax/Bank of Scotland Ireland from the retail banking sector will lead to consumers paying more for their banking, experts warned yesterday.

Nervous wait for developers on how loans will be handled

Wednesday February 10 2010

While Anglo Irish is often described as the 'developer's bank', Bank of Scotland (Ireland) was also a key lender to Ireland's once prosperous developers. Some of these clients are now likely to be nervous about the bank's future intentions.

Royal Liver switches from seller to buyer

Wednesday February 10 2010

Royal Liver Assurance may purchase Irish commercial properties which would fit with its portfolio currently valued at around €200m. In an upbeat revision of its property strategy, it has also withdrawn a number of prime retail properties some which were close to deals and it has appointed CB Richard Ellis as external property advisor.

Bank recapitalisation cost ‘manageable’ -- Honohan

Tuesday February 09 2010

Central Bank Governor Patrick Honohan said the cost of recapitalising the country’s banks will be "manageable" for the Government.

AIB overcharges 40,000 customers in fee blunder

Tuesday February 09 2010

AIB yesterday admitted overcharging 40,000 customers in the latest of a long list of blunders by the country's biggest bank.