MEPs reject Irish candidate for regulator over his lobbying past
Gerry Cross misses out on top role at European Banking Authority following questions about his work for the Association for Financial Markets in Europe
The European Parliament rejected the nomination of an Irish Central Bank official to become one of the bloc’s top banking regulators amid concerns about his past employment for an industry group.
The nomination of Gerry Cross as executive director of the European Banking Authority (EBA) was blocked a narrow majority on Thursday by the assembly’s Committee on Economic and Monetary Affairs. At a hearing on Wednesday, Cross had faced numerous questions about his...
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Goodbody staff will still get bonuses as €135m takeover by AIB is approved
Stockbroker will not be subject to 89 per cent bonus tax but bankers’ pay cap will stay in place as part of deal, Minister for Finance says
Davy hit with record €4.1m fine for market breaches
The penalty over an Anglo Irish Bank bond trade is the largest ever issued to a stockbroker in Ireland
Bank of Ireland to shutter a third of its branch network across the island
Some 88 branches in the Republic and 15 in Northern Ireland will be closed this year