We need to talk about bankers’ pay packets

Opinion is divided over whether to lift the banking pay cap, but let’s at least have a debate about it

1st April, 2018

Later this month, at its annual general meeting, AIB’s bosses will seek approval from the bank’s shareholders to make deferred share payments to dozens of its senior executives.

Deferred share awards are a fancy way of saying that the bank is looking to pay bonuses. The money will not be in the form of cash, and will be tied to the performance of the bank. The executives who are eligible for...

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