Oireachtas Joint and Select Committees

Wednesday, 6 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Richie Boucher:

I think over a period of probably from ... I would say from the summer, Deputy, there was an increasing recognition within the bank, that we were ... whereas we were adequately capitalised, we weren't sufficiently capitalised for a storm that could come and-or to pursue the business model.