Doherty pay-off 'a hammer blow to ordinary banking staff'

Staff in AIB and other domestic banks are shocked and angry that the former Chief Executive of AIB received total payments of more than €3m last year on his premature departure from the bank.

IBOA General Secretary, Larry Broderick said: "The excessive rewards which continue to be paid to those at the top of the banking sector for leading these institutions to the verge of bankruptcy beggars belief.