AIB's share price plunges

Shares in AIB plummeted 17c to €0.38 in early trading on the ISEQ this morning, a drop of 31.16%, as traders responded to the news that the bank required a further injection of €3bn in taxpayer funds.

The bank also announced changes to its management structure this morning, with Executive Chairman Dan O'Connor and Group Managing Director Colm Doherty to depart in a matter of weeks.