AIB sells off family silver
With AIB needing to raise (euro)7.4 billion in fresh capital to meet the Financial Regulator's new capital ratio targets, AIB is frantically trying to sell the family silver to limit the state's shareholding.
Silver prices will continue to rise on economic uncertainty and production declines, says Mitchell Krebs-CEO of Couer d'Alene Mines Corp, the largest silver miner in the United States.