AIB shares slump by 20%

Shares in AIB slumped by 20% on both the Dublin and London stock exchanges in early trading today in response to the news of a fraud investigation at AIB subsidiary Allfirst.

AIB shares slump by 20%
Wed, 06 Feb, 2002 - 10:20

Shares in AIB slumped by 20% on both the Dublin and London stock exchanges in early trading today in response to the news of a fraud investigation at AIB subsidiary Allfirst.

More than €3.26bn) (£2bn) was wiped from the group’s market value in early trading in London as investors reacted to news of the probe.

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