Oireachtas Joint and Select Committees

Thursday, 30 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

And as I'm sure you know on ... on page 17 of Vol. 1, Nyberg and you would be ad idemI think on that. He says:

At this time, Anglo's property-related exposure in Ireland, the UK and the US had grown very significantly, and the need to monitor and manage the attendant complexity and risk had grown proportionately. This decision would suggest that risk management was not appropriately prioritised within the bank.

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