Banking Inquiry

383 results

A PricewaterhouseCoopers review found that, in the worst-case scenario, the six “pillar bank” institutions in Ireland could lose €10 billion. The cost subsequently transpired to be €64 billion.  File photograph: Philip Toscano/PA Wire

A review of the State’s six pillar banks which found 10 borrowers owed a combined €17.7 billion in September 2008 came as a “very significant” surpris(...)

The banking inquiry heard that in the 10 years to 2005, Anglo Irish Bank grew from being a “small player” to one with a significant market share and businesses in the UK and the US.

Anglo Irish Bank’s former head of lending in Ireland has told the Oireachtas banking inquiry a board decision in 2006 not to take on new development l(...)

Former Anglo Irish Bank head of lending Tom Browne told the banking inquiry: “a decision was taken that no new clients with development funding proposals would be entertained.” Photograph: Oireachtas TV

Anglo Irish Bank’s former head of lending in Ireland has told the Oireachtas Banking Inquiry that a board decision in 2006 not to take on new developm(...)

Former Central Bank director Alan Gray speaking to the banking inquiry. Photograph: Oireachtas TV

A former director of the Central Bank and former adviser to Brian Cowen said it was a mistake to meet the then taoiseach and former Anglo Irish Ban(...)

Mr Alan Ahearne is addressing the Banking inquiry in Dublin today. Photograph: Alan Betson/The Irish Times

The EU-IMF Troika veteod a proposal to impose haircuts on about €4 billion worth of senior unguaranteed bondholders in late 2010, a special adviser to(...)

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partner at Pricewaterhouse Coopers has told the Dáil’s banking inquiry that €8-10 billion a day in deposits were being withdrawn from Irish banks in(...)

Ex-IMF official Ajai Chopra: appearing before inquiry as voluntary witness. Photograph: Eric Luke

Former International Monetary Fund official Ajai Chopra is expected to tell the Oireachtas banking inquiry the European Central Bank went beyond its (...)

The decision by the ECB not to co-operate with the banking inquiry has been criticised by the committee chairman. Photograph: Alan Betson/The Irish Times

The Dáil’s banking inquiry will discuss an extension to its November 30th deadline to produce its report due to delays caused by the investigation of (...)

Former Labour Party leader Pat Rabbitte. File photograph: Brian Lawless/PA Wire

Former Labour Party leader Pat Rabbitte has been informed he features in the latest round of allegations made by a whistleblower who complained about(...)

Former tánaiste Mary Coughlan. File photograph: Bryan O’Brien/The Irish Times

Former tánaiste Mary Coughlan has admitted that nobody in government raised concerns about the supervision of banks before September 2008. Ms Coughla(...)

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