Organisation: Irish Financial Service Regulatory Authority

A COMPREHENSIVE SERIES OF ARTICLES ON THIS TOPIC

AIB scandal - Root and branch bank reforms vital

BEATING its breast in a belated act of contrition, AIB is forking out almost €35 million by way of restitution to thousands of customers - not because it broke the law, which it now accepts, but because it is crucial to restore trust in the bank.

Sat, 24 Jul, 2004

Stockbroker victims claim their shares

IRISH Financial Service Regulatory Authority (IFSRA) chief executive Liam O’Reilly is facing legal action from disgruntled clients of failed stockbroking firm W&R Morrogh unless he orders the firm’s receiver to return €10m in shares to the investors.

Tue, 25 May, 2004

AIB overcharging forex customers

Allied Irish Banks, last night admitted overcharging foreign exchange customers by as much as €14m over a period of years.

Fri, 07 May, 2004

AIB overcharging was spotted two years ago

THE error which caused AIB to overcharge foreign exchange customers to the tune of €14 million was spotted two years ago, but acted upon only in the past number of days.

Fri, 07 May, 2004