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Sunday 26 March 2023 Dublin: 5°C

# Bankers

All time
Voices
Column: Did you hear the one about the developer, the banker and the politician?
Former trader Nick Leeson on bidding wars at boom-time black-tie balls… and how someone saw fit to flick the over-ride switch so the excess could continue.
# Muppets
VIDEO: FunnyOrDie's peek into Goldman Sachs' boardroom
Featuring some Muppets. Real Muppets.
Voices
Column: Could we learn something from India's banking ethics?
The culture of ‘profit at any cost’ appears to be on the wane in Mumbai, where Nick Leeson has been studying the market – but he’s wondering if the idea of ethics in banking is just ticking a box.
# Bankers
Colm McCarthy: Irish bank debt was incurred "under threats" from ECB
The UCD economist said that no other eurozone country has taken on the kind of bank-related debt that Ireland took on – and warned that it may not be sustainable.
# Lobbying
MEP: McCreevy's boom-time diary raises issues about lobbyists
New documents show that McCreevy met with many major developers and bankers – including Sean Quinn and Bernard McNamara – during the Irish property bubble.
# Bankers
Public outcry over banker's €1 million bonus
The head of Royal Bank of Scotland is on a salary of £1.2 million (€1.4 million) and last year received a bonus worth around £2 million (€2.38 million).
# 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
Read Me: The year’s best opinion pieces from TheJournal.ie
Thought-provoking, moving, controversial: Our pick of the top ten Read Mes from 2011.
# Bankers
Taoiseach urges banks to pass on interest rate cut
The ECB has announced a cut in interest rates – but AIB, Ulster Bank and National Irish Bank have all said they won’t pass on the cut to mortgage customers.
# Daily Fix
The Daily Fix: Saturday
In tonight’s Fix: The latest on the EU agreement, tributes paid to mother and daughter crash victims, and possibly the best Christmas light display ever…
# Bankers
'No jerks' rule at UK bank led to 30 staff leaving, CEO says
Barclays boss Bob Diamond cited an incident in which five bankers spent £44,000 on wine at a meal to celebrate their bonuses.
# Anglo
Sean FitzPatrick released without charge
The former head of Anglo Irish Bank was arrested yesterday as part of an investigation into alleged irregularities at Irish financial institutions.
Voices
Column: I work in a bank - and you've got us all wrong
Yes, banks housed deceitful, corrupt fat cats – but it was the rest of us who got the blame, writes bank worker Patrick Ryan.
# you're hired
AIB announces David Duffy as new CEO
Duffy will take up the job in December. The bank has said that his remuneration package will be ‘in line with Government guidelines’.
# Bankers
Survey finds bank staff have 'chronic' lack of confidence in management
Less than half of bank employees are happy in their current working environment, according to the survey of Irish banking staff.
# Bankers
Boss who called for end to "period of remorse" insists banks "can be cuddly"
Barclay’s CEO Bob Diamond struck a more conciliatory tone in a keynote lecture in London last night.
# Sick note
Did you hear about the banker who worked too hard?
The head of Lloyds Banking Group Plc has had to take leave of absence – reportedly because of stress and fatigue. (And it might be the fault of the Irish economy).
Voices
Column: The Keane report has consequences for borrowers – but not for banks
The Keane Report, independent TD Stephen Donnelly notes, cites “inappropriate mortgage-holder behaviour”. It does not mention “inappropriate banker behaviour”.
Voices
Column: Why should bankers have the right to judge us?
People behind on mortgage payments face humiliating personal interrogation from their bankers. We need a new independent solution, writes David Hall of New Beginning.
Voices
Column: Herd mentality led the UK riots – and it’s also what got us into economic trouble
Former trader Nick Leeson argues that, while it might not seem obvious at first, the psychology behind street rioters is not dissimilar to that which drove the markets, the bankers and property developers into a speculation frenzy.
# Bankers
Financial regulator says bank boards will be overhauled
Matthew Elderfield says that any board members who were sitting prior to the 2008 bank guarantee scheme will have stepped down by the end of 2011.
# Poll
Poll: Which of these professions do you trust least?
A new poll reveals doctors are the most trusted profession. But which profession do you trust least?
# Bankers
Bankers may be 'in breach of contracts': Shatter
The Justice Minister has described the multimillion euro retirement package given to former AIB MD Colm Doherty as “grossly immoral” – and said that bankers who run their institutions poorly should be considered to be “in breach of contract”.
LIVE
Ireland ‘seriously misjudged’ the ‘madness’: How the world sees the Nyberg report
Peter Nyberg’s report into the Irish banking crisis “reads like a psychologist’s report”, in the eyes of the world’s media.
# 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.
# Silver Tongued
An Irishman abroad tells it like it is...
Sum up Ireland’s fall from grace in two minutes? No problem.
# AIB
July 2010: Brian Lenihan calls end to "mad bonuses". Dec 2010: AIB bankers get €40m bonus.
Bank bailed out by taxpayers says it is contractually obliged to pay bonuses from 2008 – the year the banking crisis hit.