Tuesday January 28, 2020

Ireland’s financial services sector in an enviable state of rude health

In a week where the Central Bank made a case for the reintroduction of bankers’ bonuses, Ireland’s financial services sector stands firmly on the road to success.

9th June, 2019
Paschal Donohoe, the Minister for Finance and for Public Expenditure and Reform. Picture: Bryan Meade

The Irish economy is on the upturn. Why else would the Central Bank be making a case for the lift on bankers’ bonuses? Its reasoning, according to reports, is to allow banks to hold on to staff with bonus incentives at a time when the financial sector is in competition for the best and brightest talent.

Last month, figures released by the Central Statistics Office (CSO) showed a continued very strong labour market in...

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