Oireachtas Joint and Select Committees

Wednesday, 6 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

But I'll bring in Senator O'Keeffe after this, so just the traditional banking model that has sustained banks for over a century in this country and for several centuries, the prudential rules had changed completely. Did it require an external factor outside the Republic of Ireland for Ulster Bank to actually run into difficulty with these products now coming on line?

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