Allied Irish Banks

It's been a volatile week for investors, but certain stocks suffered far more than others. Here%u2019s a rundown of some of the biggest losers -- where they were on Monday and what they cost as of Friday's closing bell.

Allied Irish Banks (AIB), the lender being taken over the Irish government, will raise roughly $2 billion by selling its 22.4% stake in M&T Bank Corp (MTB). The Dublin-based bank will offer 26.7 million notes for a price of $77.50 each, Bloomberg News said. The notes will be exchanged for...

The Irish government is working to take majority control of one struggling troubled lender and to inject yet more cash into another. The moves could push the cost of Ireland's bank bailout to as much as $68 billion. "The Irish banking system is at rock bottom," one expert says.

Allied Irish Banks agreed to sell its assets in Poland, including its stake in Bank Zachodni WBK SA, to Banco Santander SA, in order to raise capital to meet capital requirements from Irish regulators.

Allied Irish Banks (AIB) announced a steep increase in first-half losses on provisions for past-due property loans. The net loss in the first half of the year was 1.73 billion euros, compared with a loss of 786 million euros in the first half of 2009, The Wall Street Journal said. Operating...

The recent European stress tests show that investor confidence towards Irish banks Allied Irish Banks (AIB) and Bank of Ireland (BKIR) has improved, Fitch said. In its semi-annual review of Irish banks, the rating agency said that this improved investor confidence may strengthen the banks'...