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#Bankers' Pay

# bankers-pay - Monday 22 July, 2019

Acting Central Bank governor says bankers' pay caps 'may limit the pool of candidates for senior positions'
# Banks
# Banks

Acting Central Bank governor says bankers' pay caps 'may limit the pool of candidates for senior positions'

Jul 22nd 2019, 9:10 PM 11,805 Views 61 Comments

The finance minister is currently considering a report which reviewed whether bankers’ pay should be increased.

# bankers-pay - Tuesday 18 June, 2019

Bank bosses may face fines and sanctions in the future, but won't get jail time under new law
# Central Bank
# Central Bank

Bank bosses may face fines and sanctions in the future, but won't get jail time under new law

Jun 18th 2019, 9:00 PM 11,957 Views 34 Comments

The new laws were drawn up in the wake of the tracker-mortgage scandal.

# bankers-pay - Thursday 11 April, 2019

New AIB boss wants performance-based bonus ban lifted for bankers as staff are being enticed to competitors

New AIB boss wants performance-based bonus ban lifted for bankers as staff are being enticed to competitors

Apr 11th 2019, 6:45 PM 25,284 Views 60 Comments

Following the banking crash, a government policy on bonuses was rolled out for State-owned banks.

# bankers-pay - Monday 5 November, 2018

Report on increasing bankers' pay due by end of year after government enlists €140k external consultants
# Korn Ferry
# Korn Ferry

Report on increasing bankers' pay due by end of year after government enlists €140k external consultants

Nov 5th 2018, 6:05 AM 12,319 Views 58 Comments

Minister for Finance Paschal Donohoe has said that State-owned banks are at risk of losing key figures.

# bankers-pay - Friday 3 November, 2017

Minister's warning: 'Tenure of individual bank directors' in firing line unless there's progress on trackers
# Bank Bosses
# Bank Bosses

Minister's warning: 'Tenure of individual bank directors' in firing line unless there's progress on trackers

Nov 3rd 2017, 12:05 AM 11,007 Views 78 Comments

Paschal Donohoe says he’s prepared to use his influence as a shareholder if he’s not satisfied with how banks perform.

# bankers-pay - Saturday 15 February, 2014

Noonan confirms he said no to bonuses in face-to-face meeting with AIB bosses
# Incentivisation
# Incentivisation

Noonan confirms he said no to bonuses in face-to-face meeting with AIB bosses

Feb 15th 2014, 12:10 PM 7,922 Views 31 Comments

The Finance Minister has confirmed he met with officials from the bank, but “personally reinforced” that there are currently no plans to re-introduce bonuses.

# bankers-pay - Tuesday 28 January, 2014

AIB silent over bonus plan for top executives, government says policy hasn't changed
# Pay
# Pay

AIB silent over bonus plan for top executives, government says policy hasn't changed

Jan 28th 2014, 12:37 PM 5,977 Views 32 Comments

AIB declined to comment if they held discussions with government about changing compensation policy for top bankers.

# bankers-pay - Wednesday 4 September, 2013

'My contract has been accepted by government': Richie Boucher on his €843k salary
# Bank Of Ireland
# Bank Of Ireland

'My contract has been accepted by government': Richie Boucher on his €843k salary

Sep 4th 2013, 3:03 PM 16,565 Views 130 Comments

The Bank of Ireland chief executive got into a testy exchange with a Labour TD over his pay packet today.

# bankers-pay - Tuesday 3 September, 2013

AIB chief is 'not aware of' any internal investigations into former directors
# Bankers
# Bankers

AIB chief is 'not aware of' any internal investigations into former directors

Sep 3rd 2013, 8:14 PM 5,623 Views 12 Comments

The bank’s CEO David Duffy said that no investigations had happened during his tenure and that discussing past directors would be “therapeutic but unfair”.

# bankers-pay - Wednesday 24 April, 2013

Government won’t use Bank of Ireland stake to oppose Boucher’s €843k salary
# Bankers' Pay
# Bankers' Pay

Government won’t use Bank of Ireland stake to oppose Boucher’s €843k salary

Apr 24th 2013, 9:04 AM 11,416 Views 215 Comments

The taxpayer’s 15 per cent stake in the bank won’t be used to try and stop shareholders approving Richie Boucher’s pay.

# bankers-pay - Tuesday 16 April, 2013

Bankers bonuses set to be capped after European approval for limits
# Bank Bonuses
# Bank Bonuses

Bankers bonuses set to be capped after European approval for limits

Apr 16th 2013, 2:22 PM 4,826 Views 20 Comments

MEPs support a move that would limit bonuses to 100 per cent of salary from January of next year.

# bankers-pay - Wednesday 20 March, 2013

Poll: Does bankers' pay need to be high to attract the right people?
# Your Say
# Your Say

Poll: Does bankers' pay need to be high to attract the right people?

Mar 20th 2013, 10:47 AM 8,608 Views 130 Comments

It was revealed that the CEO of Bank of Ireland Richie Boucher received a total pay packet worth €843,000 last year – despite a €2.1 billion loss at the bank.

# bankers-pay - Friday 16 November, 2012

Bankers' pay: 1,262 staff at AIB earning six-figure packages
# Bankers' Pay
# Bankers' Pay

Bankers' pay: 1,262 staff at AIB earning six-figure packages

Nov 16th 2012, 8:52 AM 8,929 Views 93 Comments

Sinn Féin says Michael Noonan is ‘feigning outrage’ at bankers pay, but doing little to encourage staff to take pay cuts.

# bankers-pay - Thursday 15 November, 2012

24 staff at Bank of Ireland earning over €400k a year
# Bankers' Pay
# Bankers' Pay

24 staff at Bank of Ireland earning over €400k a year

Nov 15th 2012, 7:42 PM 8,124 Views 66 Comments

Michael Noonan says he “shares the outrage of the public” on bankers pay, but there are “legal constraints” in tackling it.

# bankers-pay - Wednesday 14 November, 2012

Labour TD calls for bankers' pay and pensions to be tackled
# Bankers
# Bankers

Labour TD calls for bankers' pay and pensions to be tackled

Nov 14th 2012, 9:00 PM 5,382 Views 58 Comments

Labour Party TD for Dublin North Brendan Ryan says the Irish public “will not stand for further cuts in education or other frontline services”.

# bankers-pay - Thursday 8 November, 2012

Six execs at former Anglo Irish Bank earn over €500k a year
# Bankers
# Bankers

Six execs at former Anglo Irish Bank earn over €500k a year

Nov 8th 2012, 7:45 AM 8,980 Views 93 Comments

Figures disclosed by Finance Minister Michael Noonan detail the remuneration packages of senior bankers at the former Anglo Irish Bank.

# bankers-pay - Tuesday 6 November, 2012

AIB chief executive asks senior executives to give up pensions
# Bankers' Pay
# Bankers' Pay

AIB chief executive asks senior executives to give up pensions

Nov 6th 2012, 4:13 PM 8,718 Views 103 Comments

Enda Kenny says the AIB chief has written to former executives, asking them to recall their ‘moral responsibility’.

# bankers-pay - Thursday 18 October, 2012

1,700 bankers in state covered banks paid over €100,000
# Bankers' Pay
# Bankers' Pay

1,700 bankers in state covered banks paid over €100,000

Oct 18th 2012, 4:37 PM 9,660 Views 71 Comments

861 in AIB, 61 in Permanent TSB, 143 in IBRC and 644 in Bank of Ireland paid over €100,000.

# bankers-pay - Saturday 1 September, 2012

Sound familiar? Spain creates 'bad bank', limits bank execs pay to €500k
# Spain
# Spain

Sound familiar? Spain creates 'bad bank', limits bank execs pay to €500k

Sep 1st 2012, 3:20 PM 4,881 Views 15 Comments

Some are even calling it ‘El Nama’…

# bankers-pay - Monday 25 June, 2012

Bankers' pay worldwide up 12 per cent
# Banker Pay
# Banker Pay

Bankers' pay worldwide up 12 per cent

Jun 25th 2012, 12:52 PM 3,399 Views 40 Comments

Chief executives at 15 leading banks were awarded an extra €12.8 million over the past year.

# bankers-pay - Wednesday 2 May, 2012

1,065 top bankers earn basic salary over €100K
# Bankers' Pay
# Bankers' Pay

1,065 top bankers earn basic salary over €100K

May 2nd 2012, 4:20 PM 5,671 Views 54 Comments

Hundreds of bankers in AIB, Permanent TSB – all essentially State-owned institutions – are taking home basic salaries in excess of €100,000.

# bankers-pay - Friday 16 March, 2012

Bank of Ireland chief executive given €898,000 package last year
# Bank Of Ireland
# Bank Of Ireland

Bank of Ireland chief executive given €898,000 package last year

Mar 16th 2012, 8:09 AM 3,615 Views 69 Comments

Bank of Ireland’s annual report shows Richie Boucher benefited by €831,000 last year after waiving €67,000 of pay.

# bankers-pay - Sunday 12 February, 2012

The Daily Fix: Sunday
# Daily Fix
# Daily Fix

The Daily Fix: Sunday

Feb 12th 2012, 7:49 PM 5,603 Views 0 Comments

In the Fix: Whitney Houston’s last performance, and Merkozy ‘hijacking’ eurozone policy.

Noonan considering 'outside expertise' in quest to cut bankers' wages
# Bankers' Pay
# Bankers' Pay

Noonan considering 'outside expertise' in quest to cut bankers' wages

Feb 12th 2012, 4:01 PM 3,851 Views 63 Comments

Michael Noonan says he is considering bringing in outsiders to help him enforce the findings of a review of banking salaries.

# bankers-pay - Tuesday 26 July, 2011

Poll: Should the State abolish the cap on bankers' pay?
# Your Say
# Your Say

Poll: Should the State abolish the cap on bankers' pay?

Jul 26th 2011, 10:22 AM 1,776 Views 33 Comments

Matthew Elderfield says the pay cap is making it tough to get the best talent. Should we consider lifting it?

# bankers-pay - Friday 10 December, 2010

Future bankers' bonuses to be hit with 90 per cent tax
# AIB
# AIB

Future bankers' bonuses to be hit with 90 per cent tax

Dec 10th 2010, 9:14 AM 569 Views 0 Comments

Amendment to Finance Bill will bring in levy but it will not apply to the deferred 2008 payments of €40m to AIB senior staff.

# bankers-pay - Thursday 9 December, 2010

Five Anglo Irish staff were awarded bonuses in 2010
# Banker Bonuses
# Banker Bonuses

Five Anglo Irish staff were awarded bonuses in 2010

Dec 9th 2010, 4:13 PM 1,092 Views 0 Comments

AIB senior bankers not the only happy ‘key staff’ renumerated this year…

Poll: Should bankers get their bonuses?
# Your Say
# Your Say

Poll: Should bankers get their bonuses?

Dec 9th 2010, 9:25 AM 1,566 Views 0 Comments

Up to 2,400 staff in AIB are set to benefit from €40 million in bonuses. Is this only fair, or is too much of a kick in the teeth to taxpayers? Let us know what you think.

July 2010: Brian Lenihan calls end to "mad bonuses". Dec 2010: AIB bankers get €40m bonus.
# AIB
# AIB

July 2010: Brian Lenihan calls end to "mad bonuses". Dec 2010: AIB bankers get €40m bonus.

Dec 9th 2010, 9:19 AM 1,340 Views 0 Comments

Bank bailed out by taxpayers says it is contractually obliged to pay bonuses from 2008 – the year the banking crisis hit.

# bankers-pay - Friday 30 July, 2010

UK gets tough on Bankers pay
# Banking
# Banking

UK gets tough on Bankers pay

Jul 30th 2010, 11:54 AM 126 Views 1 Comment

A new code will see at least 40% of bonuses deferred for three years.

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