Oireachtas Joint and Select Committees

Thursday, 13 April 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman

10:00 am

Mr. Jonathan Sugarman:

Landesbank Baden-Württemberg and, before that, Hypo Real Estate, which took over Deutsche Pfandbriefbank, which is why Germans were landed with a €100 billion bailout and not the people of Ireland. Hypo Real Estate was previously known as Hypo Real Estate Bank International. I had worked for the same bank for five years during which time it had three different names. I sat at the same desk but worked for three different banks. Previously, it was called Bayerische Hypo- und Vereinsbank Ireland, or HVB Ireland.

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