Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The Deputy is correct that a lot of work went on to ensure that if changes took place in the UK as a result of Brexit, Ireland would be well placed to attract additional investment and jobs. That is what we have done. Bank of America and JP Morgan have made decisions that are a result of Ireland being a competitive and stable place in which to grow financial services. I do not think that detracts any way from the Deputy's main point. Of course I acknowledge the concerns of staff working in some of the banks that are now being associated with this kind of commentary. I know that the banks take very seriously the communication they have with their employees and they need to manage this in a careful way. I need to reiterate to the Dáil that this is a matter in which I do not play a role. It is a matter for the boards of these banks and their individual managers. I expect they will do all that can be done to keep this kind of difficult change to a minimum.

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