Rose Conway Walsh (Sinn Fein)
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I thank Mr. Broderick for his presentation. One of the major focuses of the Financial Services Union is on the culture of banking and how bad it was before the crash. Mr. Broderick had made seven very good suggestions in this regard. Does Mr. Broderick see evidence of any backsliding towards old habits returning? I have heard of one bank in particular making some very worrying moves such as halving the risk support manager role and getting rid of the team leader in each branch. The team leader was in charge of the control compliance and auditing, which is a role that was brought in as a response to the 2008 crash. The work of the team leader has been dumped, it would appear, onto the bank management, which is already overworked. The branch manager is judged by sales, which means there is a direct conflict of interest in his or her role in control compliance on the one hand and generating more and possibly riskier sales on the other hand. Does that sound familiar to Mr. Broderick? Would he consider such moves as a backward step?