Patrick Neary: the then financial regulator accepted the bank guarantee was a ‘throw of the dice’. Photograph: David Sleator

Anglo Irish Bank executives still believed after the 2008 bank guarantee that it would be Ireland’s most profitable bank – just two months before it w(...)

Former financial regulator Patrick NearyPatrick Neary arriving at the Oireachtas banking inquiry last May. Photograph: Dara Mac Dónaill.

2008 March 17th: St Paddy’s Day massacre as Anglo shares plummet 30 per cent in price. September 15th: US bank Lehman Brothers collapses. Septe(...)

Developers Michael O’Flynn (left) and Johnny Ronan  who have  separately  expressed concerns about the final banking inquiry report and threatened legal action.

Two of the country’s largest developers have made fresh legal threats to the Oireachtas banking inquiry. Johnny Ronan and Michael O’Flynn, who are (...)

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partner at Pricewaterhouse Coopers has told the Dáil’s banking inquiry that €8-10 billion a day in deposits were being withdrawn from Irish banks in(...)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