Finance

MAKHLOUF APPOINTMENT SHOULD BE SUSPENDED

5 June 2019

Following the announcement of an investigation into the actions of Gabriel Makhlouf while serving as Treasury Secretary in New Zealand, Labour Finance Spokesperson Joan Burton TD has called for the appointment of Mr Makhlouf to the position of Governor of the Central Bank to be suspended pending the results of that investigation. Deputy Burton said: … Continue reading Makhlouf Appointment Should Be Suspended

GOVERNMENT MUST HOLD FIRM ON BANKERS PAY CAP

30 April 2019

Reacting angrily to AIB’s call for banker’ pay to be raised to above a million euro, Joan Burton said that people must not ever forget the price we paid for the foolish decisions and bad management of our private banks. The Labour Party Finance Spokesperson called on the Government, as majority shareholder on behalf of … Continue reading Government Must Hold Firm on Bankers Pay Cap

LOBBYING FOR BANK BONUSES MUST BE RESISTED

22 March 2019

Labour Finance spokesperson Joan Burton has called on the Minister for Finance to stand firm against growing pressure from banking lobbyists and investors to lift the bonus and wage caps in State owned banks. Deputy Burton also called for clarification on any proposed future share of sales in AIB. Deputy Burton said: “A report from Bloomberg … Continue reading Lobbying for Bank Bonuses Must Be Resisted