Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I hear what Mr. Crowley is saying and understand why he is giving that response, but when it comes down to brass tacks and the reality of being a member of the executive leadership team within one of the main banks or on the board, a person's sole objective is to secure the best performance of the bank in maximising returns and profits. I am not sure there is anyone who is putting up his or her hand to say, "Actually, I think our consumers would be better served if we allowed more flexibility in the way they could move from one product to another, or, as certain life circumstances arise, we were to allow them to move from a fixed rate." I do not get the sense that that is the function of any particular person. It should be everyone's function, but there is the direct contradiction in that it would run contrary to the core objective of the bank.