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

The reason I gave my agreement for the Goodbody transaction to take place is that I believe the sale by Fexco of Goodbody is good for a really important company in our country, particularly a very large employer which is facing many challenges at the moment. I believe it can help AIB respond to the challenges I have referred to. I believe a stable owner for Goodbody will be important for the transactions and the work it can do within our economy. For me, it is about jobs in three Irish companies. It is about how we can support three Irish businesses with all the challenges and difficulties we are aware of.

I will say in the Dáil what I have said publicly about Davy. The behaviour that the Central Bank detailed absolutely falls short of the standards that I expect and that the regulator clearly expects. I know Davy has made a statement on the matter. I know it is considering further actions it may take on the matter. At this point I have nothing further to say on it, apart from again echoing everything the Central Bank as stated on the matter.

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