Latest Share Chat

ALBK.L Share News (ALBK)

ALBK.L Information

There is currently no data for ALBK

28 Jun 2021 07:44

NatWest sells Irish commercial loan book to AIB for €4.1bn

(Sharecast News) - UK bank NatWest Group said it was selling most of its Irish commercial lending business to Allied Irish Banks as part of its exit from Ireland.

19 Feb 2021 06:36

NatWest to pull out of Ireland as results beat forecasts

(Sharecast News) - NatWest said it was pulling out of the Republic of Ireland as the bank reported a smaller than expected annual loss and restored its dividend.

24 Dec 2010 06:35

Friday newspaper round-up: JJB Sports, Euro crisis, John Lewis...

JJB Sports, the beleaguered sports retailer, is poised to announce a £30m fund-raising and the departure of its chairman, to safeguard its future. It is thought that big shareholders, including Harris Associates and the foundation of Bill Gates, are backing the call. John Clare, the chairman, will

22 Dec 2010 06:02

Wednesday newspaper round-up: Vince Cable, Citigroup, UK banks

Vince Cable was stripped of key roles on the media and telecoms tonight after he told undercover reporters he had "declared war on Rupert Murdoch" and planned to block his efforts to take full control of BSkyB. Dr Cable survived as Business Secretary on the insistence of Nick Clegg. But in a humilia

16 Dec 2010 06:03

Thursday newspaper round-up: BP, Virgin Atlantic, Flybe

The United States Government filed a civil lawsuit last night against BP and eight other companies implicated in the Deepwater Horizon oil rig explosion that killed 11 workers and led to America's worst oil spill. The lawsuit would leave the British oil company liable for significant fines under the

14 Dec 2010 11:39

Allied Irish Banks told to scrap €40m bonus pot

Allied Irish Banks (AIB) has backed down in the row over bonuses it still wanted to pay staff despite being saved by £3bn of Irish taxpayers' money. The lender today confirmed employees will not now share the pot of about €40m (£34m) for work done in 2008 before the financial crisis brought down th

14 Dec 2010 06:38

Tuesday newspaper round-up: City fees, Stanford, RGI...

Companies should force City investment banks to compete to underwrite their rights issues in an effort to drive down the costs of cash calls, according to a much-awaited report. The report, by the Institutional Investor Council, finds that fees on British capital raisings, which have roughly doubl

10 Dec 2010 06:33

Friday newspaper round-up: Tote, Sterling, Rolls-Royce...

The former chief executive of Ladbrokes is being tipped as a frontrunner in the race to buy the Tote after saddling up with partners prepared to back a bid of at least £200m. The Times understands that Chris Bell, who left Ladbrokes in January after almost 20 years at the bookmaker, has joined forc

22 Nov 2010 16:33

Irish banks slide afer bail-out

Worries that the European debt crisis could spread to other countries following Ireland's acceptance of a bail-out sent shares in banks lower Monday. While markets initially moved higher as investors breathed a sigh of relief when the Irish government put an end to lingering uncertainty about accep

19 Nov 2010 14:56

Allied Irish funding deteriorates

Allied Irish continues to be affected by the problems plaguing Ireland's economy and banking sector, it said in an update today. The bank's funding position has deteriorated as a result of increasingly challenging market conditions in recent months. Debt securities and customer accounts have redu

18 Nov 2010 16:36

London close: Good day for blue chips

Blue chips had a good day buoyed by the response to General Motor's record breaking US float and hopes for a deal in Ireland. Patrick Honohan, the head of Ireland's central bank, confirmed a loan is likely, with brokers suggesting it could be as much as €85bn, including €20bn to provide support for

18 Nov 2010 15:28

London afternoon: Stocks extend gains

A positive start by Wall Street has given renewed impetus to Footsie's rise this afternoon. As in Europe, stocks are rising in the US on the hope that a package to take the steam out of the Irish debt crisis is imminent. Patrick Honohan, the head of Ireland's central bank, has confirmed a loan is

18 Nov 2010 12:05

London midday: Shares buoyant as updates impress

With some kind of resolution to the Irish crisis in sight and many of today's updates impressing the market, shares have moved sharply higher. The Bank of Ireland chief has confirmed a loan is likely with brokers suggesting it could be as much as €85bn, including €20bn to provide support for the co

12 Nov 2010 17:11

Irish bonds recover on bail out hopes

Having reached around 9.25% on Thursday Irish 10-year bond yields have fallen back as Ireland is in talks with the EU about emergency funding. This was despite earlier denials from the Irish government, which had been saysing an EU rescue would not be needed. Proposals for the rescue package are

11 Nov 2010 16:53

Irish bond yields rise above 9%

The 10-year Irish bond yield has risen above 9% as Irish bonds fall for the 13th day in a row. Traders continue to offload Irish bonds, concerned over the ability of the country's government to pay its debts. That pushed the difference between the returns investors demand to lend money to the Iris

Latest Share Chat

ALBK.L Share News (ALBK)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Login to your account

Quickpicks are a member only feature

Login to your account