Fast action needed on bankers' pay

Every few months, it seems, public controversy over bankers' pay resurfaces.

Every few months, it seems, public controversy over bankers' pay resurfaces.

The latest episode - which has led to an interesting, if sometimes confused, debate - was sparked by news of an AIB top-up of its pension fund. This highlighted two things: the specific issue about the pension fund top-up and a separate debate about the enormous pensions of some retired bankers. We also had the revelation last week that six senior executives ...