Oireachtas Joint and Select Committees
Tuesday, 3 September 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Overview of Financial Sector: Discussion with AIB
4:40 pm
Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source
I believe the bank will need to set out a firm set of guidelines on the standards expected. As a former banker, I know that in the case of a bank official involved in negotiations looking at margins and making calls the banker will have the upper hand. I am of the view that the legislation should provide for the individual to have the upper hand. The last thing the banks want is for my generation to throw back their keys en masse, leaving the banks to sort out the mess themselves.
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