Ireland may seek a court order to inject capital into Allied Irish Bank (AIB -4.35%). The bank,...

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

Ireland may seek a court order to inject capital into Allied Irish Bank (AIB -4.35%). The bank, with a current market cap of €432M, needs to raise €3.7B by year end to meet minimum capital standards. The government will likely end up with 95% ownership of the 185 year old institution.