Friday 20 October 2017

McCreevy nets a big pay day

Nick Webb

Nick Webb

Shares in NBNK, the new UK bank asset buyer which hired Charlie McCreevy as a director, rose last week after its market debut.

The company's prospectus shows McCreevy was in line for 20,000 shares when the firm floated last week. He is also in line for a major bonus, as directors' salaries will double from €61,000 to €122,000 once the company completes its first major acquisition.

Sunday Independent

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