Tom Cregan, chief executive of EML Payments: ‘I’ve never been driven by share price. I own a lot of shares and when they were worth five bucks I didn’t get up in the morning and pat myself on the back’
There may be plenty of people fretting about EML Payments’ rapidly declining share price, but Tom Cregan, its chief executive, isn’t one of them. The Australian fintech has been in firefighting mode since the Central Bank of Ireland launched an investigation into its Irish-founded unit Prepaid Financial Services last year. Last week its share price fell by more than 38 per cent in one day after it slashed its earning forecast...
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Central Bank finds Philip Lynch engaged in insider trading at C&C | Business PostThe Central Bank has found that Philip Lynch, the former chief executive of IAWS and One51, engaged in insider trading in shares of C&C, the publicly listed drinks company.
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Account balance: as Francesca McDonagh moves on, she leaves behind a mixed legacy | Business PostBank of Ireland’s outgoing chief executive pushed hard to have crisis-era bankers’ pay caps removed, but failed. She is now moving on to a new role herself, leaving behind a bank that is healthy enough to be returned to private ownership, but has yet to properly compete with new online rivals
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Matt Cooper: McDonagh’s departure from BoI brings bankers’ pay back into focus | Business PostIf politicians insist that the bank’s new boss is paid a maximum of €500,000, the share price will likely fall further and Irish pension funds may suffer, cooper_m writes. cooper_m Won't somebody think of the half a million a year bankers?
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Almost two-thirds have ‘little to no’ disposal income due to price hikes | Business PostAlmost two-thirds of people have “little to no” disposable income due to the cost of living crisis, the latest Business Post/Red C poll reveals. Two thirds of people asked have admitted that they are working to survive and not working to live. 50% said they are surviving off savings but what happens when the savings run out? This government is so far out of touch it’s going to cost lives.
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