Wednesday 25 December 2024
 
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Allied Irish Banks

AIB to cut 2,000 jobs after loss hits $15bn

Allied Irish Bank (AIB) aimed to put the 'collective madness' of a homegrown property bubble behind it with an annual loss of 10.4 billion euros ($15 billion) and a plan to axe over 2,000 jobs. A former stock market darling with in

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