Results 3,161-3,180 of 7,082 for speaker:John Paul Phelan

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

John Paul Phelan: Who led you to believe?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

John Paul Phelan: At the time, though, did ... who was leading you to believe it or was this an issue that you were wrestling with yourself at the time?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

John Paul Phelan: The fact that AIB was so over the thresholds, which are described as standards in AIB's own document-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

John Paul Phelan: -----which I quoted at-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

John Paul Phelan: I know. You were ... I'm asking you specifically as managing director of operations.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

John Paul Phelan: Did you not have any concerns yourself, though, as the popular .. or the possible exposure of your operation, which was under your management in the Republic of Ireland? That's ... I'm asking about your response?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

John Paul Phelan: And I understand, and the phrase you used earlier-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

John Paul Phelan: ----- in response to Deputy O'Donnell was, "At no point had I a premonition." That's fair enough, but I'm asking about your role as ... of oversight.

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

John Paul Phelan: Did you use-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

John Paul Phelan: -----your position with people more senior than yourself in the organisation to raise those concerns?

Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)

John Paul Phelan: I've just one last, very brief question. Dr. John FitzGerald, in evidence to the committee, a number of weeks ago, expressed the view that a senior official within AIB had raised with him, at the end of October 2005, concerns with regards to stress tests and exposure to the property sector. That has since been disputed by the said senior official. Were you aware, at that time or...

Written Answers — Department of An Taoiseach: Live Register Data (28 Apr 2015)

John Paul Phelan: 39. To ask the Taoiseach the current live register figures for Ferrybank in County Waterford; and the live register figures for January 2011, January 2012, January 2013, January 2014 and January 2015 for the same place. [16707/15]

Spring Economic Statement (Resumed) (29 Apr 2015)

John Paul Phelan: I welcome yesterday's spring statement and the information contained in the speeches by the Minister for Finance and the Minister for Public Expenditure and Reform. Like Deputy McHugh, I have been a Member of the Oireachtas for almost 13 years and during my first stint as a Member of Seanad Éireann I was my party's finance spokesperson. I was struck by one of Deputy Noonan's comments...

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

John Paul Phelan: Thank you, Chair. Gentlemen, I just want to follow on from that question from Senator O'Keeffe in relation to decisions that could have been made, that Mr. Sheehy has just referenced. Was there any point in your own tenure that you expressed concerns about the concentration of lending in the property and development sectors that you can recall?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

John Paul Phelan: To go back to previous questioning about the guidelines that existed from the Financial Regulator, and, you know, on concentration limits, 200% for a sector and 250% for two related sectors. The constant answer that we've had from other witnesses, including yourselves, is that, you know, a changeover was taking place to Basel II. Did you not, or did you, have any personal qualms about the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

John Paul Phelan: Outside of the continuous ... I can't remember the exact quote but to paraphrase you, you said that "The issue of sector lending was discussed at board level a number of times". Were there any concrete actions, ever, in your time, from the board of AIB ... decisions on addressing the issue of over concentration in the construction and the property sectors?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

John Paul Phelan: But was there ... were there any concrete actions taken following that dialogue which took place over a long period of time or was it just continuous dialogue with no actions?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

John Paul Phelan: But taking that into account, how then did the concentration continue to grow in that sector right up until virtually the edge of the collapse?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

John Paul Phelan: Can I just change for a second briefly to ask you, Mr. Sheehy, in relation again to your time as chief executive, the targets that were set by the board in relation to earnings per share, did you feel at the time and in the context of where the market was, that they were sustainable?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

John Paul Phelan: Can I ask you in relation to the night of the guarantee and the quote that was put by the Chairman and Deputy O'Donnell in relation to the memo? You have more or less ... well you have said that you can't recollect using the phrase. Would it be in your view, or not, a fair statement to say that an official of the Department of Finance who obviously took that memo could have interpreted your...