AIB pay staff €40 million in bonuses

Sand Wedge

AIB are paying out its Capital Market staff €40 million in bonuses. Article mentions the €10 million pay out for employees that are being paid out for 90 employees whose claim was over €38,000. When all other Capital Market Staff is taken into account the bill comes to nearly €40 million. (see comment 3 below the article). Think this is totally outrageous!

http://news.efinancialcareers.ie/newsandviews_item/newsItemId-29465

stepbar

Totally scandalous to make a profit for the bank I guess :rolleyes:

The Capital Markets division didn't bring down AIB. Traders don't lend money. And anyhow.... they haven't been paid a bonus in 2 years since everything imploded. AIB actually made profit in 2008 (how I don't know) http://www.aibgroup.com/servlet/ContentServer?pagename=AIB_Investor_Relations/Miscellaneous/ir_pressrelease_print&c=AIB_Press_Releas&cid=1234961081649&channel=IRCA&position=last

Threating bankers on a like for like basis is what's more outragous :rolleyes:

Toots

Sand Wedge, this forum is for the discussion of Banking, Insurance or Pension products, it is not the place to discuss matters such as this. Perhaps After Hours would be more suitable.

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