Allied Irish Bank says it will slash more than 2,000 jobs after report a record net loss of €10.4 billion ($15.01 billion) in 2010. AIB, currently 92%-owned by the Irish government, said despite the losses—which were more than four times greater than in 2009—the government has committed to support its long-term viability as a bank. AIB is expected to merge with EBS Building Society, subject to state-aid and regulatory approval.
