AIB picks Galvin as finance chief as hike in dividend planned

Donal Galvin has been chosen to replace Mark Bourke, who is departing AIB to join Portuguese lender Novo Banco

2018 gave us falling AIB shares and the thorny issue of bankers’ pay

The year also saw the cost of the tracker-mortgage scandal top €1bn as lenders continued to set aside money for refunds, compensation and likely fines

Irish bank chiefs at lower end of pay scale among European peers

Permanent TSB chief Jeremy Masding registers as lowest paid

Questions raised over AIB €1.1bn problem loans sale to Cerberus

Bank denies it used accounting arrangement to boost profits artificially

Return of bankers’ bonuses a difficult sell for Government

Analysis: AIB chief executive’s departure leaves department in tricky position

Banker pay in the spotlight as AIB chief Bernard Byrne quits

Move to Davy comes within months of CFO Mark Bourke signalling he was leaving too

Has the State missed the boat on cashing in on AIB?

Analysts agree that timing a share sale is far from straightforward

The Irish Times view on bankers’ remuneration: No appetite to raise pay

With the economy flying again, bankers are itching to loosen the shackles on their remuneration

Despair as last-minute hopes for Brexit deal seem to crumble

Business Week: also in news were jobs, foreign direct investment and hatred of banks

Banker pay caps mean AIB is ‘training ground’ for competitors, says chairman

Richard Pym says ban on bonuses makes it ‘very difficult’ for Irish-owned banks

Banker bonuses expose chasm between Minister and AIB investors

Despite protests by investors, a decade after bailout banks still need push to do right thing

Bank bonus reform could bring down the Government

Paschal Donohoe knows the dangers inherent in AIB’s proposed share scheme

AIB’s planned share bonus to benefit as few as 80 executives

Scheme would offer deferred shares in bank each year up to equivalent of full salary

Former NTMA CEO Michael Somers stands down from AIB board

Dr Somers is being replaced by Catherine Woods

AIB shareholders vote in favour of new corporate structure

Proposal designed to protect savers but allow for bailing in of bondholders in a crisis

State must prepare for ‘car crash’ on Brexit, AIB chairman warns

Banker and Minister accuse UK politicians of misleading British public over EU talks

AIB’s resurgence is a ‘proxy of the Irish economy’

Chairman says taxpayers will get back investment put in bank during financial crisis

AIB’s Pym and Byrne start to buy shares in newly-floated bank

Directors acquire shares at up to €4.945, well above initial public offering price of €4.50

AIB is not the first instance of ‘eejit trade’

Recent trading in AIB just the latest example of how clueless traders can inflate stocks

AIB bosses hold fire on share purchases until after IPO

Investment banks secure demand to cover maximum 28.8% AIB stake State is selling

How AIB went from boom to bust and back again

AIB went from a €270m dividend payout in 2008 to near death to remarkable revival

Trump’s tax plan ramps up pressure on Republic

Business Week: eventful week for AIB, tax consolidation in the EU, and company results

Money-laundering fine a ‘stain’ on AIB’s record, says chairman

Richard Pym said breaches came at time when bank had ‘eye off the ball’

Retailers fear job losses as landlords roll out rent hikes

Seen and Heard: Legal battle over M50 contract; AIB bankers’ pay; Ryanair Sun launch

AIB directors’ remuneration down in spite of pay rises in top roles

Chief executive Bernard Byrne’s total payment rose to €600,000 last year

Business Week: Economy in rude health for Kenny swansong

Also in the news – Brexit headwinds, AIB pay, and Dublin Airport developments

AIB chairman warns Noonan of pay-cap risks post-Brexit

AIB pressed to pay ‘progressive’ dividends to drive valuation

AIB’s British chairman again reveals his anger at Brexit

Richard Pym suggests Ireland is in a unique position to benefit from ‘Britain’s folly’

AIB on brink of paying ‘prudent dividend’ to State, says chairman

Richard Pym says legacy problems largely solved and State is free to sell its equity stake

AIB staff bracing for market volatility around Brexit vote

Chairman Richard Pym tells staff decision will have profound economic effect on islands

Business Week: Mortgages, construction, Ryanair takes off . . .

Fears for 900 private dwellings as Ulster Bank sells distressed mortgage portfolio

AIB says it doesn’t cut mortgage rates at Government’s ‘whim’

Strong profitability paves way to repay further €1.6bn of taxpayer aid

AIB posts rosy results but bad-debt challenge remains

Figures suggest slowdown in bank’s progress on impaired loans

AIB chairman to step down as chair of UK’s bad bank

Richard Pym to step down from UK Asset Resolution Limited in June 2016

McGann joins ranks of Ireland’s top-paid non-executives

Paddy Power Betfair will pay chairman Gary McGann €450,000 this year

Ireland’s biggest companies begin to feel chill wind of ‘Brexit’

About 60% of Irish companies selling goods overseas are already affected

AIB chief executive’s remuneration rises to €587,000

State-owned lender paid executives and board members just under €2.7m last year

AIB to pay €1.62bn to State as first repayment of bank bailout

Initial repayment for taxpayer assistance will balance exchequer books for 2015

Analysis: Board feels the heat even in season of giving

AIB handing over cheque for €1.87bn to State a nicely timed bounty for Government

AIB to repay State €1.87bn after approval for reorganisation

Bank says it has already paid €3bn to the Government in various fees

YOU MAY ALSO LIKE...

The Irish Times ePaper

Stardust

Inquests into the nightclub fire that led to the deaths of 48 people

Common Ground

How does a post-Brexit world shape the identity and relationship of these islands