Highly paid bank boards in spotlight

With the huge drop in shareholder values, the role of non-executive directors of the major banks will have to be scrutinized.

8th November, 2008

With the huge drop in shareholder values, the role of non-executive directors of the major banks will have to be scrutinized.

The decision by the government to appoint directors to the banks to protect the public interest after putting €485 billion of taxpayers’ money on the line in the form of a government guarantee to the banks has dominated the financial news agenda in recent weeks.

With much of the focus now turning to...

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