Former INBS managing director Michael Fingleton agreed that if he had taken his seat on a key bank committee, he could have ensured it was meeting commitments to regulators and auditors.

Former Irish Nationwide Building Society (INBS) managing director Michael Fingleton agreed that if he had taken his seat on a key bank committee, he c(...)

 Former INBS managing director Michael Fingleton denies being on bank committee

Former Irish Nationwide Building Society (INBS) managing director Michael Fingleton has denied that he was on the lender’s key credit committee even t(...)

Anglo Irish Bank: in 2007 David Drumm (left, with chairman Seán Fitzpatrick) was paid €3.3 million, €2 million of it as a bonus for his magnificent stewardship. Photograph: Alan Betson

Ever had that slightly weird sensation of reading a newspaper headline and thinking, Oh, that’s good news? And then you read the story itself and real(...)

The inquiry into defunct lender Irish Nationwide Building Society continues. Photograph: Alan Betson

The former finance director of Irish Nationwide Building Society (INBS) told an inquiry into alleged regulatory breaches at the defunct lender that he(...)

John Stanley Purcell’s evidence to the inquiry mainly considered technical issues surrounding his interaction with the credit committee in his role as the finance director of INBS.  Photograph: Alan Betson

Former Irish Nationwide Building Society (INBS) director John Stanley Purcell cannot recollect a series of key events at the institution in the run-up(...)

Michael Fingleton is representing himself at the Irish Nationwide inquiry.  Photograph: Dara Mac Dónaill

Former Irish Nationwide Building Society (INBS) chief executive Michael Fingleton had influence over a key committee at the bank that was meant to gua(...)

INBS’s former managing director, Michael Fingleton: he highlighted that commercial loan applications were processed to the extent that they would only progress to the credit committee if they were “almost certain to be approved”

Irish Nationwide Building Society’s credit committee recommended billions of pounds of overseas loans from its Belfast base to the board for approval (...)

The inquiry is in its first phase, looking at allegations that the credit committee failed to adhere to its terms of reference. Photograph: Alan Betson

Irish Nationwide Building Society’s former head of commercial lending, Tom McMenamin, has conceded that agendas for credit committee meetings at the l(...)

Irish Nationwide Building Society HQ in 2010: credit committee acted against its own rules in recommending the lender’s board approve hundreds of millions of euro of loans during the boom. Photograph: Aidan Crawley/Bloomberg

Irish Nationwide Building Society’s (INBS) credit committee acted against its own rules in recommending the lender’s board approve hundreds of million(...)

INBS cost taxpayers €5.4 billion to rescue during the financial crisis. Photograph: Alan Betson/The Irish Times

A partner with Deloitte Ireland, which reviewed Irish Nationwide Building Society’s (INBS) commercial lending practices before the financial crash, sa(...)

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