Eugene Sheehy (banker)
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Eugene Sheehy (banker)
Eugene J. Sheehy (born 1954 in Carlow, Ireland) was Group Chief Executive of Allied Irish Banks Plc. He was educated at The Christian Brothers in Carlow and then Salesian College, Limerick. He joined AIB in 1971 when he was 17 years old and spent 20 years in retail banking, including branch manager appointments in a number of Dublin branches at Capel Street, Dame Street and Phibsborough. He completed an M.Sc. in Organizational Behavior at Trinity College, Dublin in 1992. He executed a radical overhaul of AIB's branch banking operation in 1992 which entailed new and, in the view of many, unpopular changes to work practice. He also brokered a deal with staff to secure implementation. He was appointed General Manager, Retail Operations in 1999, and Managing Director, AIB Bank (Republic of Ireland) in 2001. He was appointed Chief Executive Officer of AIB's USA Division and six weeks later Executive Chairman-Designate of Allfirst Financial Inc in March 2002 when it was in melt-down fol ...
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Carlow
Carlow ( ; ) is the county town of County Carlow, in the south-east of Ireland, from Dublin. At the 2016 census, it had a combined urban and rural population of 24,272. The River Barrow flows through the town and forms the historic boundary between counties Laois and Carlow. However, the Local Government (Ireland) Act 1898 included the town entirely in County Carlow. The settlement of Carlow is thousands of years old and pre-dates written Irish history. The town has played a major role in Irish history, serving as the capital of the country in the 14th century. Etymology The name is an anglicisation of the Irish ''Ceatharlach''. Historically, it was anglicised as ''Caherlagh'', ''Caterlagh'' and ''Catherlagh'', which are closer to the Irish spelling. According to logainm.ie, the first part of the name derives from the Old Irish word ''cethrae'' ("animals, cattle, herds, flocks"), which is related to ''ceathar'' ("four") and therefore signified "four-legged". The second p ...
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Republic Of Ireland
Ireland ( ga, Éire ), also known as the Republic of Ireland (), is a country in north-western Europe consisting of 26 of the 32 counties of the island of Ireland. The capital and largest city is Dublin, on the eastern side of the island. Around 2.1 million of the country's population of 5.13 million people resides in the Greater Dublin Area. The sovereign state shares its only land border with Northern Ireland, which is part of the United Kingdom. It is otherwise surrounded by the Atlantic Ocean, with the Celtic Sea to the south, St George's Channel to the south-east, and the Irish Sea to the east. It is a unitary, parliamentary republic. The legislature, the , consists of a lower house, ; an upper house, ; and an elected President () who serves as the largely ceremonial head of state, but with some important powers and duties. The head of government is the (Prime Minister, literally 'Chief', a title not used in English), who is elected by the Dáil and appointed by ...
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Allied Irish Banks
Allied Irish Banks, p.l.c. is one of the so-called Big Four commercial banks in Ireland. AIB offers a full range of personal, business and corporate banking services. The bank also offers a range of general insurance products such as home, travel and car. It offers life assurance and pensions through its tied agency with Irish Life Assurance plc. In December 2010 the Irish government took a majority stake in the bank, which eventually grew to 99.8%. AIB's shares are currently traded on the Irish Stock Exchange and the London Stock Exchange, but its shares were delisted from these exchanges between 2011 and 2017, following its effective nationalisation. The remainder of its publicly traded shares were listed on the Enterprise Securities Market of the Irish Stock Exchange until 23 June 2017. AIB also owns Allied Irish Bank (GB) in Great Britain and AIB (NI) in Northern Ireland. In November 2010, it sold its 22.5% stake in M&T Bank in the United States. At the beginning of 2008 A ...
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Limerick
Limerick ( ; ga, Luimneach ) is a western city in Ireland situated within County Limerick. It is in the province of Munster and is located in the Mid-West which comprises part of the Southern Region. With a population of 94,192 at the 2016 census, Limerick is the third-most populous urban area in the state, and the fourth-most populous city on the island of Ireland at the 2011 census. The city lies on the River Shannon, with the historic core of the city located on King's Island, which is bounded by the Shannon and Abbey Rivers. Limerick is also located at the head of the Shannon Estuary, where the river widens before it flows into the Atlantic Ocean. Limerick City and County Council is the local authority for the city. Geography and political subdivisions At the 2016 census, the Metropolitan District of Limerick had a population of 104,952. On 1 June 2014 following the merger of Limerick City and County Council, a new Metropolitan District of Limerick was formed within ...
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Capel Street
Capel Street is a street in Dublin, Ireland. On 20 May 2022, it was made traffic-free, following a campaign by people who wanted to improve the quality of life on the street. It is now the longest traffic-free street in Dublin. History Capel Street is named after Arthur Capell, 1st Earl of Essex, Lord Lieutenant of Ireland 1672–1677. Historically, it was the site of the chapel of St Mary's Abbey. The street was laid out by Sir Humphrey Jervis in the late 17th century on the Abbey lands he purchased in 1674. He also built Essex Bridge (today Grattan Bridge), and the street was known for its mansions and a royal mint. In the 18th century, it became a commercial hub, with two- bay buildings replacing most of the "Dutch Billy" houses. In the late 1700s, the Italian composer, Tommaso Giordani, performed at a small purpose built theatre on the street. The Capel Street Theatre also stood there in the 18th century. The Torch Theatre operated on Capel Street from 1935–41. The st ...
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Phibsboro
Phibsborough (; ), also spelled Phibsboro, is a mixed commercial and residential neighbourhood on the Northside of Dublin, Ireland. The Bradogue River crosses the area in a culvert, and the Royal Canal passes through its northern reaches, notably at Cross Guns Bridge. Formerly, a branch of the canal ran to the Broadstone basin, later the site of the Midland Great Western Railway Terminus and currently the headquarters of Bus Éireann. Mountjoy Prison is located in the district. Etymology The name "Phibsborough" comes from "Phipps" or "Phibbs." This is believed to relate to the Lincolnshire settler Richard Phibbs of Coote's Horse, resident in Kilmainham from the mid-17th century. The spelling is cited as Phippsborough in 1792. Location Phibsborough is located about 2  km north of the old city centre, in Dublin 7. It is bordered by Glasnevin to the north, Drumcondra to the east, Grangegorman and Cabra to the west and the King's Inns on Constitution Hill to the south ...
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Trinity College, Dublin
, name_Latin = Collegium Sanctae et Individuae Trinitatis Reginae Elizabethae juxta Dublin , motto = ''Perpetuis futuris temporibus duraturam'' (Latin) , motto_lang = la , motto_English = It will last into endless future times , founder = Queen Elizabeth I , established = , named_for = Trinity, The Holy Trinity.The Trinity was the patron of The Dublin Guild Merchant, primary instigators of the foundation of the University, the arms of which guild are also similar to those of the College. , previous_names = , status = , architect = , architectural_style =Neoclassical architecture , colours = , gender = , sister_colleges = St. John's College, CambridgeOriel College, Oxford , freshman_dorm = , head_label = , head = , master = , vice_head_label = , vice_head = , warden ...
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John Rusnak
John Rusnak is a former currency trader at Allfirst bank, then part of AIB Group, in Baltimore, Maryland, United States. On January 17, 2003 he was sentenced to years in prison for hiding US$691 million in losses at the bank in 2002, after bad bets snowballed in one of the largest ever cases of bank fraud. He was transferred from prison to a halfway house in June 2008, to home confinement in September 2008, and ultimately released from home confinement on January 5, 2009, serving less than 6 years. Since his return to society, Rusnak has become an advocate for second chances for men coming home from incarceration and for those in drug and alcohol rehabilitation. Rusnak currently serves as the Executive Director of unCUFFED ministries working with juveniles who are incarcerated in adult detention facilities. Rusnak could have faced up to 30 years in prison. The original year sentence was part of a plea bargain with US prosecutors. He was released early having earned good-behavi ...
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M&T Bank
M&T Bank Corporation (Manufacturers and Traders Trust Company) is an American bank holding company headquartered in Buffalo, New York. It operates 1680 branches in New York, New Jersey, Connecticut, Pennsylvania, Maine, Maryland, Massachusetts, New Hampshire, Delaware, Vermont, Virginia, West Virginia, and Washington, D.C. M&T is ranked 519th on the Fortune 500 list based on 2021 revenues. Until May 1998, the bank's holding company was named First Empire State Corporation. M&T Bank has been profitable in every quarter since 1976. Other than Northern Trust, M&T was the only bank in the S&P 500 Index not to lower its dividend during the financial crisis of 2007–2008. The bank owns the Buffalo Savings Bank building in downtown Buffalo, and Bridgeport Center in Bridgeport, Connecticut. M&T Bank also sponsors M&T Bank Stadium, home of the Baltimore Ravens. M&T Bank is the official bank of the Buffalo Bills in Western New York and of their home Bills Stadium in Orchard Park, New Y ...
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Dermot Gleeson
Dermot Gleeson SC (born 12 November 1949) is an Irish barrister who served as Attorney General of Ireland from 1994 to 1997. Educated in Blackrock College, Dublin and University College Dublin. Gleeson holds B.A. and LL.M degrees and qualified as a barrister at the King's Inns, Dublin. His father was a barrister and was later appointed a Circuit Court Judge, and two of his brothers are also barristers. Gleeson was called to the Irish bar in 1970 and first practised law on the Cork Circuit, away from Dublin, Ireland's main legal centre. In the early 1970s Gleeson was a part-time lecturer in Constitutional Law at University College Cork. Gleeson moved to Dublin when he was appointed a Senior Counsel in 1979, at age 30. He is believed to be the youngest 'silk' appointed in the common law world in the last century, beating noted counsel such as the Australian QC Tony Morriss, who was made a silk at 32. Gleeson was a leading barrister in Ireland in the 1980s and 1990s before he ...
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2008–2009 Irish Banking Crisis
The post-2008 Irish banking crisis was the situation whereby, due to the Great Recession, a number of Irish financial institutions faced almost imminent collapse due to insolvency. In response, the Irish government instigated a €64 billion bank bailout. This then led to a number of unexpected revelations about the business affairs of some banks and business people. Ultimately, added onto the deepening recession in the country, the banks' bailout was the primary reason for the Irish government requiring IMF assistance and a total restructuring of the Irish Government occurred as result of this. Background During the second half of the 1995–2007 ' Celtic Tiger' period of growth, the international bond borrowings of the six main Irish banks—Bank of Ireland, Allied Irish Banks, Anglo Irish Bank, Irish Life & Permanent, Irish Nationwide Building Society and Educational Building Society—grew from less than €16 billion in 2003 to approximately €100 billion (well over half ...
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Allied Irish Bank
Allied Irish Banks, p.l.c. is one of the so-called Big Four commercial banks in Ireland. AIB offers a full range of personal, business and corporate banking services. The bank also offers a range of general insurance products such as home, travel and car. It offers life assurance and pensions through its tied agency with Irish Life Assurance plc. In December 2010 the Irish government took a majority stake in the bank, which eventually grew to 99.8%. AIB's shares are currently traded on the Irish Stock Exchange and the London Stock Exchange, but its shares were delisted from these exchanges between 2011 and 2017, following its effective nationalisation. The remainder of its publicly traded shares were listed on the Enterprise Securities Market of the Irish Stock Exchange until 23 June 2017. AIB also owns Allied Irish Bank (GB) in Great Britain and AIB (NI) in Northern Ireland. In November 2010, it sold its 22.5% stake in M&T Bank in the United States. At the beginning of 2008 ...
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