Six Out At AIB But Bosses Stay

The losses, announced by the bank in early February, are believed to have related to transactions that go back several years at AIB US subsidiary Allfirst.

David Cronin, Allfirst's treasurer and five other management at the Baltimore based unit have been dismissed.

AIB chief Michael Buckley and Allfirst boss Susan Keating are, however, to stay. Buckley is believed to have offered to resign, but the board urged him to stay on. Keating is thought to have been spared as she has only had direct overall responsibility for Allfirst for around a year.

Allfirst chairman Frank Bramble will take early retirement in June.

Rusnak was fired earlier in the year when the losses came to light.