Ian Guider: AIB set to broach Goodbody bonuses
It will be a big ask of a government battling Covid-19 and its economic fallout to wave through generous financial packages for a few hundred employees
In a podcast in late 2019, Colin Hunt, the AIB chief executive, lamented the risks the government’s decade-long ban on paying bonuses was having on keeping and recruiting staff. “By any measure I am well paid,” he said. “My concern about the restrictions in place is a far, far broader concern. My concern about the restrictions relates more to our inability to pay variable pay to staff members.
“We’re competing for...
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KBC’s shock exit strategy was months in the making
It was not just the unfortunate staff who were caught by surprise last Friday by news of a BOI takeover. The plan was a secret to all but a select few at the two banks
Bank of Ireland replaces Ulster Bank as Irish member of global bank network
BOI says IBOS membership will allow it to bring more foreign direct investment into Ireland
Bank of Ireland move allows asylum seekers to open accounts
From next month, the bank will become the first in the country to accept state ID documents from people who want to open accounts