NO BONUSES FOR BANK BOSSES FOR NOW – FINANCE MINISTER

The Finance Minister say bankers will have to make do without their bonuses – for now.

A new review will look at whether salary caps should be relaxed in the future though for those working at bailed-out lenders.

In the meantime Paschal Donohoe says he’ll be voting against a rule change for banks that owe the tax payer money.

There’s pressure to remove caps so Ireland stay competitive after Brexit.

But Paschal Donohoe says he’s not doing anything yet.

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