Allied Irish Banks (AIB)

[public enemies]

I think this is why AIb is dropping. 2011 Q1 this should be prime to run. Please check the IRE ( bank of ireland thread) for links to irish broker reports etc.


AIB has hired Swiss investment bank UBS to help advise on its planned share sale in the
fourth quarter. The bank joins Morgan Stanley, JP Morgan and Goodbody Stockbrokers as
advisers, as AIB expects to raise as much as €3bn in equity from investors and Ireland’s
government. AIB are currently trying to raise €7.4bn, where €2.5bn is expected from the sale
of Bank Zachodni WBK, by year end in order to meet the financial regulator’s target.