A New York hedge fund, Fir Tree Capital, is due to have €152 million worth of subordinated Anglo bonds repaid in full after refusing to take the 80% haircut imposed on bondholders.

ALLIED IRISH BANKS hopes to start raising funding on the external market now that the Government has capitalised the lender to ensure its balance sheet is proofed against further economic shocks.

The National Pensions Reserve Fund has liquidated €10bn of assets during the first half of 2011, it was confirmed today.

ALLIED Irish Banks has secured a court ruling aimed at guarding against legal challenges in other EU states to the bank’s decision not to make a £21 million coupon payment to junior bondholders.

GUNTER the German saved his money and lodged it with his German bank and pension fund.

The ISEQ index of Irish shares edged above the psychologically-important 3,000 mark today, rising 40.43 points to 3,005.39.

ALLIED Irish Banks is suing two related international companies claiming some €84 million spent by it on a new retail banking software system was “wasted expenditure”.

ALLIED Irish Banks is conducting an internal investigation into how it used forged documents to claim it held a security over property owned by a couple who borrowed €120,000 from the bank.

Taoiseach Brian Cowen denied today that civil servants were getting bonuses despite salary top-ups to reward “exceptional merit”.

ALLIED Irish Banks and Bank of Ireland are expected to put the squeeze on the holders of €9 billion of subordinated debt to help part-fund an extra €7.5bn in capital the Central Bank wants the country’s two biggest banks to put in place.

ALLIED IRISH BANKS, which is facing majority state control, will have to pay a €160,000 bonus to an employee of its capital-markets unit after losing a court case.

ALLIED IRISH BANKS is seeking €26 million from Cork businessman and developer John Fleming, on loans used to buy into a US energy company.

The value of Irish shares plunged 2.85% today, as the ISEQ index declined 82.12 points to finish on 2,796.55.

ALLIED Irish Banks has secured an interim charging order over some 90,000 shares in Barry’s (Cork) held by one of its directors as part of the bank’s effort to execute an €8 million judgment order obtained against that director and another businessman.

The ISEQ index of Irish shares bucked some international trends today, showing a modest but welcome gain of 15.03 points to finish the day on 3,023.73.

The ISEQ index of Irish shares inched down 4.67 points to 2,900.80 by 11.15am today.

There was very little movement on the Irish Stock Exchange this morning, as the ISEQ index shuffled down 7.27 points to 2.901.02 by mid morning.

Shares in Irish banks recovered well after some significant jitters this morning to leave the ISEQ index of Irish shares 28.59 points to the good on 2,955.78.

There was little movement in Irish stocks today, as the ISEQ index of Irish shares crept down 12.17 points to 2,917.05 in morning trading.

The value of Irish shares increased by 1.58% today as the ISEQ index finished 48.40 points higher on 3,115.20.

ALLIED Irish Banks confirmed yesterday that it has been approached about the possible sale of a minority stake to an overseas bank, understood to be the Canadian Imperial Bank of Commerce (CIBC).

The ISEQ index of Irish shares was down slightly today, losing 14.62 points to 2,866.60.

Fine Gael is calling on the Government to scrap plans to establish a National Assets Management Agency to buy up toxic debts from Irish Banks.

THE Government will have to invest billions in the republic’s banks to offset huge losses on property backed loans, according to banking experts.

The Irish Stock Exchange has stabilised somewhat after a disastrous start this morning.

DOMESTIC and international investors in Irish banking stocks are being urged to keep the perceived increase in competition in the bank sector here in perspective.

ALLIED Irish Banks plans to issue a euro senior floating rate note targeted at German investors.

ALLIED Irish Banks lawyers told the High Court yesterday that senior bank executives strongly refute allegations by another executive, Séamus Sheerin, that he is being scapegoated for the failures of others in connection with the foreign exchange overcharging scandal in the bank.

THE Irish banking sector is in a lot bigger trouble than people thought.

ALLIED Irish Banks (AIB) has admitted that a number of its customers were wrongly charged for credit card payment protection insurance.

ALLIED IRISH BANKS (AIB) is to extend its sponsorship of the All Ireland League for a further season and seems determined to continue a big involvement in rugby beyond.

ALLIED Irish Banks was exposed this week as having ripped off at least €14m since 1996 by systematically overcharging foreign exchange customers.

THE Irish Bank Officials Association (IBOA) - the finance union, yesterday launched a scathing attack on the banks for their shabby treatment of female bank officials.