Concept information
Preferred term
Allied Irish Banks
Definition
- Allied Irish Banks is one of the Big Four banks in the Irish Republic (Eire). On February 4, 2002, it was discovered that John Rusnak, a U.S. currency trader with Allfirst Bank, then a part of the AIB Group, had lost $691 million, creating a major financial scandal. [Source: Encyclopedia of White-Collar and Corporate Crime; Allied Irish Banks]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/Allied_Irish_Banks
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