Bankers’ bonanza at AIB, Bank of Ireland and PTSB

Advisers on the sale of part of the taxpayers’ stake in state-controlled AIB are in line to pocket fees running to almost €40 million, as new details emerge about the huge pay bankers are receiving at the other state-backed lenders, Permanent TSB and Bank of Ireland.

Global investment banks, stockbrokers, law firms and other communications advisers are all set to earn millions in fees from the state and the bank as part of ...