Stephen Groarke:

Just to be clear, the €88 million is not in any way adding to the compensation of people who work within the bank. We are talking about either the normal salaries of people who have been seconded into the programme or people we have had to get in from outside the bank or people we have had to get in to build the technology to run the programme or indeed to run the appeals processes. We certainly would not like it to be held that in any way people have personally profited from this.