Oireachtas Joint and Select Committees

Wednesday, 22 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

We had at the same time Ulster Bank, Royal Bank of Scotland, DEPFA, Saxony Land Bank: I mean, it wasn't just the banks that you had to deal with, there seemed to be just a culture of banking in Ireland that involved losing large amounts of money by just being here, whether they were headquartered elsewhere or not.

Have you had thoughts on why that happened?

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