Lenihan denies breaking wage cap for bank chief

Finance Minister Brian Lenihan today insisted he has not agreed a wage deal for the new Allied Irish Bank chief in breach of a Government salary cap for bankers.

Tue, 17 Nov, 2009 - 13:19

Finance Minister Brian Lenihan today insisted he has not agreed a wage deal for the new Allied Irish Bank chief in breach of a Government salary cap for bankers.

AIB plans to appoint an insider as its head with a contract exceeding the €500,000 limit on top bosses’ pay.

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