Mr. Maurice Crowley:

No, they are not. However, they are keenly interested in what emerges from the Korn Ferry report and what the Department of Finance and Government more generally decide to do with it.

They have a genuine concern that they are losing talent and not attracting talent they could otherwise be getting. They are competing with a lot of people for that talent now. That is a genuine underlying concern. However the report turns out, banks feel they are at risk in their ability to remunerate people across their institutions, not just at senior level.