Banks must do more to win back trust
Bonuses may be on the way back, but the public believes the banks have yet to atone for the past
It was revealed last week in correspondence between the outgoing governor of the Central Bank, Philip Lane, and Minister for Finance Paschal Donohoe that the bank is now open to the idea of removing barriers to bonus awards within Irish banks.
The banks themselves have been pushing this for some time, expressing particular concern about the retention of senior staff, as well as their capacity to recruit top executives.
British bank relocations arising from Brexit...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Willie O’Reilly: Iniesta’s schoolboy error could cost him dearly
The former Barcelona playmaker is in hot water after he endorsed a cryptocurrency platform on Twitter without disclosing that he had been paid to do so
Susan O’Keeffe: IFAC’s analysis deserve to be discussed by civil servants and advisors in a public way
Any rejection of the Council’s advice must be grounded in solid argument
John Walsh: Sinn Féin may find political prose harder than opposition poetry
Assuming it is the main player in the next government, the party is likely to soon find out that keeping its promises will come at a high price