Korn Ferry

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Minister of State at the Department of Finance Michael D’Arcy.  When asked if the Government will ease pay caps as it considers a report by consultants Korn Ferry, the Minister said: “I’m of the view the decision’s made.”

Minister of State at the Department of Finance Michael D’Arcy has indicated the Government will stand firm on pay restrictions across bailed-out banks(...)

 Ireland’s Seamus Power during the Wyndham Championship in  North Carolina. Photograph: Jared C. Tilton/Getty Images

Séamus Power’s final round 69 at the Wyndham Championship on Sunday means he will head to the Korn Ferry Tour Finals - the new name for the Web.com To(...)

Pearse Doherty: ‘It’s a very clever argument by Brian Hayes and that’s why he’s been recruited into the position as the spokesperson for bankers.’ Photograph: Gareth Chaney Collins

Brian Hayes, the former Fine Gael politician who recently took over as chief executive of the Banking & Payments Federation Ireland, has said thre(...)

Minister for Finance Paschal Donohoe and Minister of State Michael D’Arcy. Photograph: Tom Honan

He might not have been articulating official Government policy but comments this week on bankers’ pay from the Minister of State with responsibility f(...)

Brian Hayes, CEO of Banking and Payments Federation Ireland. Photograph: Alan Betson/The Irish Times

“It goes up and down like that,” says Brian Hayes, as he presses a button to move his hi-tech desk lower in the plush offices of the Banking & Pay(...)

Andrew Keating, who is stepping down as chief financial officer at Bank of Ireland. Photograph: Alan Betson

Andrew Keating, the chief financial officer of Bank of Ireland, is leaving the bank for a finance job in another sector, with the bank complaining tha(...)

Just before stepping down as governor of the Central Bank, Philip Lane wrote to Minister for Finance Paschal Donohoe to suggest that there “may be merit” in allowing AIB, Bank of Ireland and Permanent TSB reinstate variable pay or bonuses for staff. Photograph: Nick Bradshaw

Just a day before stepping down as governor of the Central Bank to take up a senior role in Frankfurt with the European Central Bank, Philip Lane wrot(...)

 AIB deputy chair Catherine Woods during the bank’s agm at The Ballsbridge Hotel in Dublin. She said pay restrictions were of “concern” to investors. Photograph: Gareth Chaney/Collins

State-controlled bank AIB has stepped up its long-running campaign to convince the Government that the crisis-era restrictions that were brought in on(...)

AIB deputy chairperson Catherine Woods said the bank’s efforts to attract and retain staff were partly depended on its “ability to compete with the reumuneration practices of other employers”.

AIB’s deputy chairperson Catherine Woods told shareholders at the group’s annual general meeting on Wednesday that ongoing pay restrictions and a ban (...)

Bernard Byrne’s decision in October to hand in his notice have all but killed off any prospects of Paschal Donohoe approaching the market with more AIB shares any time soon

A decade after Irish banks threatened the solvency of the State, Minister for Finance Paschal Donohoe could be forgiven for still not wanting to liste(...)

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