Results 1,741-1,760 of 6,295 for speaker:Michael D'Arcy

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

Michael D'Arcy: Briefing document 1, Nexus 1.

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

Michael D'Arcy: It's a briefing document-----

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

Michael D'Arcy: It's a briefing document-----

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

Michael D'Arcy: Pardon?

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

Michael D'Arcy: Well the figure that we were given, Mr. Buckley, was 29% per annum or from '01 to '08 ... compound.

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

Michael D'Arcy: I'll move on then Chairman.

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

Michael D'Arcy: That document that was available to me was available to the witness as well-----

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

Michael D'Arcy: I'm using the AIB briefing document.

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

Michael D'Arcy: That 29% increase, Mr. Buckley ... there seems to have been a change in AIB's strategy, which was to grow fast. Could you comment upon that?

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

Michael D'Arcy: It doesn't really but-----

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

Michael D'Arcy: No.

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

Michael D'Arcy: Mr. Sheehy, you made the point that the bank took too much risk. In relation to-----

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

Michael D'Arcy: Mr. Buckley, did the bank take too much risk in your time?

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

Michael D'Arcy: It didn't?

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

Michael D'Arcy: From '01 increase of the balance sheet for your period to mid-2005-----

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

Michael D'Arcy: €6 billion to €19 billion, a trebling of the loan book in your period.

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

Michael D'Arcy: That was the numbers.

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

Michael D'Arcy: Can I ask Mr. Buckley also were senior management conflicted by the bonus system and the remuneration that Deputy O'Donnell discussed earlier? And were the focus upon earnings by share and the document I am quoting is AIB B1, Vol. 1, page 45, 31 March 2015.

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

Michael D'Arcy: The Good Times - AIB (1988 to 2007). AIB B1. Vol. 1-----

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

Michael D'Arcy: Page 45.