Allied forces lose 10 soldiers in separate Afghanistan incidents
Diane Alter – AHN News Reporter Kabul, Afghanistan (AHN) – Allied forces suffered a day of heavy losses in Afghanistan Thursday in a helicopter crash that killed six U.S. Marines, and an attack Friday that killed four French service members, raising the possibility of France withdrawing its troops early. The Marines were killed after their [...]
Allied Irish warns staff of ‘radical’ restructuring
Allied Irish Banks (ALBK.I), Ireland’s second largest bank, has warned staff of “radical” restructuring including job losses as part of a government programme to downsize the banking sector. Ireland is restructuring and shrinking its banks under an EU/IMF bailout deal after they were crippled by a property bubble. View full post on All Stories
Allied Irish Banks buys the bulk of deposits in Anglo Irish Bank
DUBLIN – An Irish court on Thursday ordered the transfer of deposits in troubled Anglo Irish Bank to Allied Irish Banks, a step toward winding up the biggest casualty of Ireland’s banking … View full post on All Stories
Dublin places Allied Irish Banks under government control
The financially ailing Allied Irish Banks was placed under Irish government control Thursday after the bank received $4.86 billion (EUR 3.7 billion) in bailout money. This development reduces to zero the chances of more than 2,000 bank staff receiving their 2008 bonuses. View full post on All Stories
AIB Climbdown On Controversial Bonus
Rescued lender Allied Irish Banks has dramatically bowed to pressure from the Irish taxpayer and confirmed it now won’t award big bonuses to staff. View full post on All Stories
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