Corporation Limited
Anglo Irish Bank Corporation Limited: Overview
Introduction
Anglo Irish Bank Corporation Limited (UK Branch) provides business banking, treasury, and private banking services. The company is based in London, United Kingdom with operations in Ireland, the United Kingdom, Germany, Austria, the Isle of Man, Jersey, and the United States. Anglo Irish Bank Corporation Limited (UK Branch) operates as a subsidiary of Anglo Irish Bank Corporation Limited.
1964 – Anglo Irish Bank was established in Dublin.
1971 – Anglo Irish listed on the stock exchange.
1988 – Anglo Irish acquired Irish Bank of Commerce.
1995 – Anglo Irish acquired Royal Trust Bank (Austria), a bank with a 100-year history, from Royal Bank of Canada and renamed it Anglo Irish Bank (Austria). Anglo Irish also acquired a loan portfolio from Allied Dunbar.
1996 – Anglo Irish acquired Ansbacher Bankers, which was established in Dublin in 1950.
1998 – Anglo Irish acquired Crédit Lyonnais (Austria) and combined it with its existing Austrian operations.
1999 – Anglo Irish acquired Smurfit Paribas Bank, a joint-venture that Banque Paribas had helped establish in Dublin in 1983. Anglo – Irish also bought a loan portfolio from Bayerische Hypo- und Vereinsbank.
2001 – Anglo Irish acquired Banque Marcuard Cook & Cie. in Geneva, Switzerland, and renamed it Anglo Irish Bank (Suisse).
2005 – Chief Executive Seán FitzPatrick stepped down to assume the role of chairman. David Drumm replaced him as CEO.
2007 – In January, it was reported that Seán Quinn bought a 5% stake of Anglo Irish Bank for US$750 million. In July 2008 Quinn converted investments in the bank to ordinary shares, increasing his family's stake to 15%.
2007- Later in the same January, consultants Oliver Wyman named Anglo Irish Bank as the best-performing bank in the world over the past five years in a piece of research published to coincide with the World Economic Forum in Davos, Switzerland
2008 - In September,