Monday January 27, 2020

Paying bankers more will save taxpayers money

It may be politically toxic to remove the salary cap and share option bans, but it is in the country’s best interests to halt the brain drain that’s holding our banks back

Ian Guider

Markets Editor

2nd June, 2019
Paschal Donohoe: it would be an own goal for him to tackle bank pay rises ahead of an election Picture: Fergal Phillips

On the list of government priorities, the issue of paying bankers more money will rank right at the bottom, below the increasing prospect of an economically disastrous hard Brexit, the housing crisis, cost overruns at the National Children’s Hospital, the saga of the National Broadband Plan and an increasingly wobbly global economy.

There are very few people in government with any bandwidth left for the claims of bankers to end the decade-old ban...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

Varying interests will be lining up to fight their corner as Europe aims to reorganise and reinvent economic supply chains to ‘reconcile the economy with our planet’

Daniel Murray | 1 month ago

The threat of no-deal has led many businesses to identify and eliminate inefficiencies, allowing them to do more with less

Brian Cremin | 1 month ago

Real conversations about wealth transfer from parents to children are a must – and they should be had in plenty of time

Peter Kinsella | 1 month ago