Richard Pym

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AIB chief executive Bernard Byrne’s surprise resignation  has sent the Department of Finance into a tailspin. Photograph: Eric Luke

Banker bonuses were one of the root causes of the financial crash. A vast system of incentives that rewarded risk-taking can be directly linked to the(...)

AIB chief executive Bernard Byrne has handed in his notice to quite the firm he has led since May 2015

AIB chief executive Bernard Byrne is stepping down to take a job with stockbroker Davy, in a move that it set to heap pressure on the Government as it(...)

The Government has pledged to hold off selling more than 25 per cent of any bank before the end of this year. Photograph: iStock

Has the State missed the boat on cashing in on AIB ? Three months ago, the head of the NTMA, Conor O’Kelly, urged the Government to swiftly offload (...)

The thorny issue of bankers’ pay resurfaced again last week through comments from the two of the most senior directors at AIB, which is 71 per cent St(...)

European Council president Donald Tusk  with Britain’s prime minister Theresa May: backstop agreement is major stumbling block.

For a moment last weekend, hearts were suddenly aflutter that – out of nowhere – a deal to secure the United Kingdom’s orderly exit from the European (...)

AIB chairman Richard Pym speaking at the Banking & Payments Federation Ireland conference in Dublin. Photograph: Cyril Byrne

Pay restrictions for bailed-out banks have turned AIB into a “training ground” for bankers who then move to higher-paid roles with competitors, the l(...)

AIB chief executive Bernard Byrne and chairman Richard Pym: bank proposal entitled up to 100 senior executives to bonuses of up to 100 per cent of their salary. Photograph: Dara Mac Dónaill

Minister for Finance Paschal Donohoe was beaming when he took to the steps outside his department at midday on the second-last Friday of last June. Ju(...)

Former minister for finance Michael Noonan speaks to media in September at the Department of Finance. Photograph: Alan Betson/The Irish Times

It’s four years since AIB’s then chairman, David Hodgkinson, made a failed attempt to persuade the minister for finance of the day, Michael Noonan, to(...)

AIB has so far returned €10.2 billion to the State since it was rescued.

AIB’s chief financial officer Mark Bourke signalled on Thursday that as few as 80 top executives and managers stand to benefit from the lender’s plan (...)

Dr Michael Somers is standing down from the board of AIB having been appointed in 2010.

AIB’s deputy chairman, Dr Michael Somers, will stand down from the company at the end of this month. Dr Somers, who is also an independent non-execut(...)

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