Honohan clashes with Dublin on bankers’ pay


Patrick Honohan, the new governor of the Central Bank of Ireland, on Wednesday publicly opposed the finance minister's view on bankers' pay, saying he believed attempts to limit regulation would stifle Ireland's financial sector.

Brian Lenihan, Ireland's finance minister, has sought to limit executives' salaries at €500,000 for banks in which the state was a stakeholder.

In his first interview since taking the helm, Honohan said such attempts were out of line with international thinking and impl

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: