Top AIB bosses may lose bonuses in wake of overcharging scandals

TOP bosses at AIB may not get their performance bonuses this year following the overcharging scandals that have dogged the bank.

The bank's chief executive, Michael Buckley, told several Sunday newspapers that the upper echelon of management may forego their bonuses this year until the bank deals with the issues of overcharging and improving its culture.

Following the John Rusnak currency trading losses fraud two years the bank did not pay senior management anything in performance pay and Mr Buckley hinted that the bank's board may do the same.