Banking Inquiry

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Minister of State Eoghan Murphy, pictured with Fine Gael’s Marcella Corcoran Kennedy and David Stanton. File photograph: Alan Betson

Eoghan Murphy, the newly appointed Minister of State for Financial Services, wants to take responsibility for implementing the 29 recommendations of t(...)

The banking inquiry found the ECB issued an explicit threat to Ireland if it proceeded to burn senior bondholders. The warning was issued through a phone call between Michael Noonan andJean-Claude Trichet followed a phone conversation between Enda Kenny and Mr Trichet. File photograph: Simon Dawson/Bloomberg

Taoiseach Enda Kenny has been urged to detail the content of his conversation with former European Central Bank president Jean-Claude Trichet about bu(...)

Inquiry team: chairman Ciarán Lynch (centre) with Mark McSharry TD, Senator Michael D’Arcy, Michael McGrath TD, John Paul Phelan TD, Kieran O’Donnell TD, Senator Susan O’Keeffe, Eoghan Murphy TD and Senator Sean Barrett. Photograph: Eric Luke

After 20 months of toil the Oireachtas banking inquiry published its final report this week, in three volumes. It followed public testimony from 131 (...)

“It was Europe’s biggest property bust.” Photograph: Dominic Lipinski/PA Wire

In April 2007, as the property collapse was only beginning to gather pace, Ulster Bank’s internal analysts were predicting a worst-case scenario fall(...)

The Central Bank was legally prohibited from providing emergency liquidity to an insolvent institution

A scoping paper produced in the Department of Finance in January 2008 considered potential guarantee options, nationalisation and letters of comfort f(...)

The construction industry lobbied the government for a property stimulus package three months prior to the   establishment of the National Asset Management Agency (Nama).

Three months prior to the establishment of the National Asset Management Agency (Nama) up to deal with the mess left by the property and banking colla(...)

Jean-Claude Trichet: Three times he threatened to cut Ireland loose. Photograph: Eric Luke

Yet more controversy over the refusal of former European Central Bank chief Jean-Claude Trichet to permit losses on senior bank bonds obscures deeper (...)

Dermot Gleeson: “Unfortunately I do not have a copy of the document – it does not appear to have survived.” Photograph: Clodagh Kilcoyne

The former chairman of AIB Dermot Gleeson remains adamant that a bank guarantee covering just the two pillar banks was the only option he discussed w(...)

Michael Fingleton: he was controversially paid a €1 million bonus by Irish Nationwide in November 2008. Photograph: Cyril Byrne

A loan increase of £10 million was approved by Irish Nationwide’s chief executive Michael Fingleton and paid to a customer without sufficient backup (...)

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(...)

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