Results 1,761-1,780 of 6,295 for speaker:Michael D'Arcy
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: It says, "Reported EPS [earnings per share] Growth 2003: AIB: 3%-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: ... percent
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: -----Anglo 30%."
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: Can I ask Mr. Buckley ... you say that ...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: You say that you didn't think the bank took on too much risk in your period as CEO. Was there any reckless lending occurring? And was that reckless lending rewarded by AIB?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: But can I qualify last weeks-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: Mr. Donal Forde who was head of retail did say that there was reckless lending.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: I did say that, Chairman.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: I don't have the reference in front of me.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: Just to finish off, Chairman. Are you satisfied, Mr. Buckley, that AIB was properly ran during your tenure as CEO?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: On the matter of the question that I put to Mr. Donal Forde, on page 125 of the transcript -----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: Last week's, Thursday. We had a meeting at 9.30 a.m. I questioned Mr. Forde, "The expansion of the loan book of AIB for property and construction averaged 29% per annum, and that was in the sector that you were in charge of. Would you have considered your growth in that sector reckless?" His response is, "No. I didn't then." I questioned, "Do you now?" Mr. Forde says, "Yes, in...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: Mr. Duffy, you're welcome, thank you for coming. I'm going to start where you have finished, Mr. Duffy. "The banking and economic crisis in Ireland has indeed been staggering, the impact of which I could not fully understand until I returned to Ireland." It's a term not that often used by bankers, who tend to be more conservative with their language, the term "staggering". Could you...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: Thank you. In your page 3 of your statement that you furnished us with, "I am satisfied that from a governance perspective we now have an executive leadership team comprising strong and diverse management capability." Can you expand upon "now"?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: "Now"?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: And yes, and if you could reflect backwards on those who went before you. I'm not allowed lead a question, Mr. Duffy, so I think you could see what I have in mind, please?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: You quoted the figures in terms of the reorganisation of AIB. You didn't quote the figure for the shareholder value loss. Do you have a final figure on that?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: Okay, thank you. Also in your opening statement you state, "Clearly upon my arrival at the bank there were concerns about the bank's culture and governance." How far did those concerns that you identified go back within the bank?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: And if you were to do a one, two, three of what were your three greatest concerns starting with your greatest one, two, three?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Michael D'Arcy: And are you satisfied with where AIB are currently in relation to -----