The news on Allied Irish Bank (AIB -13.4%) should renew the focus for Bank of Ireland (IRE...

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

The news on Allied Irish Bank (AIB -13.4%) should renew the focus for Bank of Ireland (IRE -4.35%) to privately raise €2.2B in capital by the end of February. A debt swap this week raised about 1/3 of that amount, but asset sales or government funds will be necessary for the rest.