Bank of Ireland (IRE -1.9%) and Allied Irish Banks (AIB -3.5%) will start transferring about...

|About: Allied Irish Banks, P.L.C.... (AIBYY)|By:, SA News Editor

Bank of Ireland (IRE -1.9%) and Allied Irish Banks (AIB -3.5%) will start transferring about €40B in risky loans to Ireland's government, signaling their intent to take part in a bailout - and warning that if they don't, full nationalization could be the result.