Mr O’Connor said banks were often relying on personal guarantees from borrowers which proved to have no value.

A partner at Pricewaterhouse Coopers has told the Dáil’s banking inquiry that €8-10 billion a day in deposits were being withdrawn from Irish banks in(...)

Businessman Seán Quinn. Photograph: RTÉ

A total of 67 witnesses, including former Anglo Irish Bank chairman Seán FitzPatrick and former financial regulator Patrick Neary, can expect to be(...)

Former financial regulator Patrick Neary has told the Oireachtas banking inquiry he had “bought into a system of regulation that didn’t work” . In hi(...)

 Patrick Neary, former chief executive of the  Irish Financial Services Regulatory Authority, arriving at the Banking Inquiry on May 28th, 2015. Photograph: Dara Mac Dónaill/The Irish Times

Former financial regulator Patrick Neary argued for a blanket bank guarantee on the night of September 29th, 2008, as it would provide more certainty (...)

‘Patrick Neary never saw it as his role to be intrusive. Rather, he placed far too much trust in the banks.’ Photograph: Dara Mac Donaill

He’s sorry for how things turned out but it really wasn’t his fault. In a nutshell, that’s what Patrick Neary’s nine-hour appearance at the Oireach(...)

Patrick Neary, who was chief executive of the Irish Financial Services Regulatory Authority, told the Oireachtas Banking Inquiry on Thursday afternoon that when he became aware of the promotional materials they were discontinued. Photograph: Getty Images.

The former financial regulator has said the production of golf balls featuring the logo of the financial regulator was a “mistake”. Patrick Neary, wh(...)

The former financial regulator, Patrick Neary, has said “sorry” for not taking sufficient measures to prevent the banking collapse in Ireland in late 2008. Photograph: Dara Mac Donaill/The Irish Times.

The former financial regulator has said he regretted that the regulatory system within which he was working had failed. Patrick Neary, who was chief e(...)

John Hurley: made clear to the inquiry he thought the government’s decision to separate out financial regulation more than a decade ago was a “mistake”. Photograph: Cyril Byrne

He’s no Floyd Mayweather but former Central Bank of Ireland governor John Hurley can bob and weave with the best of them. Several times yesterday memb(...)

Richard Burrows, who was Bank of Ireland chairman in 2008, outlined in  detail yesterday the events of September 29th. Photograph: Cyril Byrne

The night of September 29th, 2008, will be forever be etched in the history of the Republic, with the then government issuing a systemic guarantee th(...)

John Collison, co-founder of Stripe, speaking    during the  Web Summit at the RDS in  November. Photograph: Barbara Lindberg

For the first time since the financial crash, it was harder this year to pick the losers than the winners. As well-known businesses toppled and entrep(...)