Wednesday April 1, 2020

SEC queries €360m Bankcentre deal

The US stock exchange watchdog has ordered AIB to provide investors with a full explanation of the profits it earned from the €360 million sale and leaseback of its Bankcentre headquarters in Dublin, after a probe uncovered shortcomings in the bank’s

27th October, 2007

The US stock exchange watchdog has ordered AIB to provide investors with a full explanation of the profits it earned from the €360 million sale and leaseback of its Bankcentre headquarters in Dublin, after a probe uncovered shortcomings in the bank’s filed accounts for the second time in two years.

The Securities and Exchanges Commission (SEC) conducted a detailed three-month review of AIB’s filings earlier this year after a routine assessment of the...

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