Paul Murphy (Dublin South West, Solidarity) | Oireachtas source

I will start with the cause of this. A lot of people, the Minister included, have referred to a culture in the banks. I agree with it but it does not go very far in terms of explaining things. It covers a multitude of sins. When Philip Lane spoke to this committee, he was more specific about it. He spoke about a culture of seeking profitability to the detriment of the banks' customers. Does the Minister think that is the cultural issue at the root of this?