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Friday 9 June 2023 Dublin: 11°C

# Bankers' Bonuses

Last year
2022
Restoring bankers bonuses and removing pay caps an 'insult' to working families, Dáil hears
The decision was criticised by Social Democrats co-leader Róisín Shortall.
All time
# Banks
Acting Central Bank governor says bankers' pay caps 'may limit the pool of candidates for senior positions'
The finance minister is currently considering a report which reviewed whether bankers’ pay should be increased.
# Lloyds
Lloyds Bank to strip bankers of £1m in bonuses
The bank is to strip several existing and former senior bankers of more than $1 million in bonuses over their roles in mis-selling payment protection insurance.
# Bankers' Bonuses
Under-fire RBS chief Stephen Hester waives £1m bonus
Stephen Hester, whose bank is 82 per cent owned by the British taxpayer, gives up his bonus to avoid becoming a ‘pariah’.
# Daily Fix
The Daily Fix: Saturday
In tonight’s Fix: Occupied buildings, topless protests and the overriding importance of warm socks.
# Scruples
British bankers may sue over bonuses - if they're 'too small'
British legal experts warn that bankers may not be willing to settle for low bonuses, despite the massive public backlash.
Voices
Column: Michael Fingleton's expense claims are despicable - but they are tip of the iceberg
Former trader Nick Leeson laments the lack of real will to bring ex-Irish Nationwide chief Michael Fingleton to account but notes that the excesses of certain individuals are distracting us from the wider banking scandal.
Voices
Column: Nick Leeson on why bankers' bonuses are a red herring
In his latest weekly column for TheJournal.ie, Nick Leeson writes that bankers’ bonuses awarded during the economic crisis are not contractual should be refunded – but warns against believing bonus culture itself is the whole problem.
# AIB
Future bankers' bonuses to be hit with 90 per cent tax
Amendment to Finance Bill will bring in levy but it will not apply to the deferred 2008 payments of €40m to AIB senior staff.