Ban on bank bonuses to stay, investors are told

Top executives from a number of institutions have said they do not expect the political intent to get rid of the caps to change

1st October, 2017
Minister for Finance Paschal Donohoe has said there were no current plans to lift the bonus ban.

The ban on banks paying bonuses to staff may exist for a number of years due to political difficulty in ending the restrictions, senior bank executives have told investors.

The Sunday Business Post understands that in recent weeks top executives from a number of institutions have said they do not expect the political intent to get rid of the caps to change given the outcry it would cause, even though the sector is no longer...

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