Oireachtas Joint and Select Committees

Thursday, 4 October 2018

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

Behaviour and Culture of the Irish Retail Banks Report: Central Bank of Ireland

9:30 am

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

I do not want to prejudice any legal cases but is it possible that it could be discovered that the banks were talking to each other? They were in huge trouble in terms of their profitability. Massive losses were being created. They were looking at any way to claw back some level of profitability or reduce losses. Were they talking to each other? It is amazing that all of them did more or less the same things independently of each other at the same time.

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