Ireland Removes Pay Caps for AIB and PTSB Executives
Salary caps for executives at AIB Group Plc and PTSB Group Plc will be removed, Ireland's Minister for Finance Paschal Donohoe has announced
'I am announcing now a further normalization of the relationship between the state and the domestic banking system,' Donohoe told reporters Tuesday. 'This means the removal of certain crisis era measures which continue to be in place today, including certain restrictions relating to pay,' he added.
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