AIB shareholders vote in favour of new corporate structure

Proposal designed to protect savers but allow for bailing in of bondholders in a crisis

Fri, Nov 3, 2017, 11:40

Colin Gleeson

Activist Margaretta D’Arcy is escorted from the platform during the AIB EGM after inviting board members to report themselves to the Garda for their conduct in the tracker mortgage scandal. Photograph: Brenda Fitzsimons

Activist Margaretta D’Arcy is escorted from the platform during the AIB EGM after inviting board members to report themselves to the Garda for their conduct in the tracker mortgage scandal. Photograph: Brenda Fitzsimons

Shareholders in AIB have voted overwhelmingly in favour of a restructuring of the bank aimed at meeting new European rules on minimising future taxpayer bailouts.

Please subscribe or to continue reading.

Most Read

1 Plane forced to land after wife discovers husband’s affair midflight

2 Funeral of man who blew up Nelson’s Pillar takes place in Dublin

3 €29,000 a month - Dublin's most expensive rental

4 John Halligan ‘regrets’ asking job applicant ‘if she was married’ in interview

5 Full text of the IRFU letter to World Rugby chief executive Brett Gosper

6 Teacher alleged to have applied Sellotape to mouths of students

7 Trumpiversary: ‘I realised I would never love America again’

8 Flawed notion of ‘rape culture’ is lacking in logic

9 Woman who gave Trump the middle finger fired from her job

10 Live in Ireland but don’t drink alcohol? You’ll be treated with extreme suspicion

11 US doctor gets two-year suspended sentence for fatal crash in Cork

12 Gordon D'Arcy: Ireland’s creative spontaneity will beat the Springboks

13 ‘Fair play to him’: Minister reacts to Varadkar wearing poppy

14 Roy Keane has no time for Peter Schmeichel ahead of playoff

15 Tom Brady’s fitness relies on odd concoctions and a shady guru

16 Court ruling means family member won’t have to pay acquisitions tax

17 What’s it like living in Catalonia after independence declaration?

18 Alice Cooper: ‘Larry Mullen is the only drummer to ask me for my lyrics’

19 ‘I loved motherhood. Where does that leave my feminism?’

20 Titanic boss jumps ship for Hotel Westport

21 HSE told parent to call gardaí to arrest autistic son over ‘meltdown’

22 Bono ‘extremely distressed’ if investment broke tax laws

23 Tadhg Furlong mixes fire with ice in trenches of the frontrow

24 Can RTÉ effectively axe an orchestra?

25 Gardaí target organised crime in raids on 24 properties

26 Solicitor seeks review of Taxing Master’s finding of overcharging

27 Varadkar says Brexit talks ‘likely’ to move to next phase in December

28 Martin Wolf: Brazil’s crisis presents an opportunity

29 Motherland: accomplished first outing for Sharon Horgan, Graham Linehan sitcom

30 Pond of human excrement found at Indian takeaway in Co Donegal

31 #280characters: If there’s one thing 2017 needs ‘it isn't more Twitter’

32 ‘Growing up in Ireland, I knew of one way to cook a vegetable: boil it. Carluccio changed that’

33 100 pounds in 7 months: This time, weight loss was different

34 Paradise Papers: Denis O’Brien’s extensive use of offshore companies

35 Paradise Papers: Cab sought files in 2015 on O’Brien-Lowry transactions

36 Gerry Thornley: When will World Rugby ditch old reliables?

37 Man found guilty of murder over fatal Dublin stabbing

38 Grit Doctor: Bye bye bingo wings: tips to beat arm flab

39 21-year-old Irish woman named ‘Best Young Chef in Europe’

40 ‘Dad didn’t hack people up, he didn’t rape’

Real news has value

Sign In

Forgot Password?

Sign Out