Results 18,841-18,860 of 26,656 for speaker:John McGuinness
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: There are still options.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: In terms of the 3,600 and the 2,900 buy-to-lets, Mr. Stanley said to Senator Kieran O'Donnell that the bank would be notifying those people.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: Yes, but will the bank be telling them some time before the sale? In other words, will the bank be alerting them to this?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: Before the sale is what I am interested in.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: Will the period before the sale be generous enough to allow them either to engage directly with the bank or to otherwise engage with David Hall, iCare or whoever it might be?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: No.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: I understand that, but will those periods of time be generous enough?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: I will come to that now.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: What is the period of time before the sale?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: Mr. Stanley said in respect of the principal dwelling house, PDH, loans that 73% first entered arrears between seven and nine years ago.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: Anyone would respond by saying he or she does not blame the bank for selling them but I would like to drill down a little and ask some more about the 73%. Were they all in arrears for nine years? How many years were they in arrears and for how much?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: I would like to see a breakdown of that figure if Mr. Stanley could provide it, and likewise for the buy-to-lets.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: To give an example, I wish to tell Mr. Stanley about one of his customers who tried desperately to negotiate with the bank. The person thought a deal was done only to find out that was not the case. That is typical of banks, not just Ulster Bank. He allowed a person onto his premises to do a structural survey for what he thought was to be a loan and the sale of the property to him, only to...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: I understand.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: I hope at some stage in the process that the Central Bank proves itself to the public and that it has the bottle to kick the Irish banks in the ass up and down the country, because that is what they deserve. Senator Conway-Walsh has a query and then we will bring the debate to an end.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) John McGuinness: I thank Mr. Stanley and his colleagues for attending.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: Today we have representatives from Allied Irish Banks with us. I welcome Mr. Bernard Byrne, chief executive officer; Mr. Jim O’Keeffe and Mr. Tom Kinsella. The meeting has to conclude at 11.30 a.m. so I ask members to bear the tight timeframe in mind when they are making their contributions. I acknowledge Ms Alex Malone and Ms Thea Malone in the Public Gallery. They are daughters...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: Senator Horkan is next.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: In Mr. Byrne's opening statement he set out the argument for the increased costs in the area of interest rates and the regulatory requirements which are designed to make sure we do not have another bust, including the need to be well capitalised. He spoke about security and stated:If that security is undermined, the costs to all other borrowers are impacted. Defaulting customers, and indeed...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (21 Jun 2018)
John McGuinness: There is no need to apologise. It is a conversation we all need to have from time to time.