It’s reported that staff receive perks such as car allowances and fitness instructors as well as health insurance packages for executives and their spouses.
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).
Staff are balloting for strike action after the building society said there would be no traditional Christmas payment for employees. The payment has been made every year for the past 45 years.
Dominic Hannigan, the Labour Party TD, has said this highlights the need for increased powers for Oireachtas committees, which will be decided by referendum next month.
The Minister for Finance has asked that the board of the newly formed IBRC continue to push for the return of €1 million paid to the former Irish Nationwide chief in 2009.
A BAN ON “all forms of advertising” by betting companies before the 9pm watershed has been recommended by the Oireachtas Justice Committee.
A report published by the committee said around 3,400 15 and 16-year-olds are “engaged in problem gambling in Ireland”.
Advertisement
“Stakeholders emphasised, in particular, the need for a pre-watershed ban on all forms of gambling advertising.
“They pointed out that a cultural shift had resulted in advertising on cigarettes being banned and advertising on alcohol being curtailed and recommended that the same approach be applied to gambling advertising,” the document states.
In terms of online adverts, the report notes that gambling ads are typically aimed at people over the age of 25. However, stakeholders noted “it can be challenging to prevent all websites from showing adverts to those underage”.
The report was compiled as part of the pre-legislative scrutiny of the Gambling Regulation Bill, which is expected to pass next year.
What do you think: Should all gambling ads be banned before 9pm?