Results 2,241-2,260 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)
Susan O'Keeffe: But comforting, rather than that it gave rise to risk?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)
Susan O'Keeffe: To make people more reckless? Yes, I'm just clarifying.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)
Susan O'Keeffe: Thank you, Chair. Mr. McCarthy, in relation to ... particularly in relation to property, but in general, did you think that, at the time as ... when you were a member of the board, that there was sufficient level of discussion and challenge at the board about concentration risks at both sector and borrower level that you were facing? Did you feel that it was a good robust board?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)
Susan O'Keeffe: Given your evidence today, Mr. McCarthy, would you say that you were broadly satisfied with the bank's behaviour over the years that we've discussed?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)
Susan O'Keeffe: As you watched the ... you know, the sort of crash develop and as developers became ... you know, their loans and their situation became more apparent ... and some of them in the public domain at the time ... was it the case that Ulster Bank discovered that some of the people they .... you'd be doing business with, particularly lending money to, did you find that they had been borrowing money...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)
Susan O'Keeffe: And, if so, to what extent did that happen?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)
Susan O'Keeffe: Now, when you say good insight, do you mean that you ... you know, does that mean all of those loans were okay? Were you caught? Did people not give you information? Were there moments when, as I said, when you saw it unwinding that you realised certain people had used other vehicles, other consortium, other companies, other structures to not tell you about things or was it all just...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)
Susan O'Keeffe: Well, I wasn't suggesting actually a majority. I was just trying to find out were there any.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)
Susan O'Keeffe: You mentioned your own property interests for ... I believe you said, for pension purposes. Did you enjoy favourable loan terms from Ulster Bank for any of that property or did you borrow from any other financial institutions or both?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)
Susan O'Keeffe: It was all in cash. Okay. Other bankers have said that they ... and I know you weren't there the night of the guarantee and I'm not asking you, but they said they were surprised that all six banks were covered rather than four. What went through your head when you realised all six were covered?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)
Susan O'Keeffe: Yes, but surely in the day after or the week ... you know ... I mean you must have given some thought, no?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)
Susan O'Keeffe: Okay. Just finally, I just notice and I just ... you might clarify that some of the passages in your statement here are repeated in your colleagues' statements and I just wondered why that might be.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)
Susan O'Keeffe: Yes, but there are passages that are pretty verbatim in each of your statements.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)
Susan O'Keeffe: Thank you.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Susan O'Keeffe: Thanks, Chair. Mr. Goggin, on page 26 of core document BOI, Vol. 1, B2-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Susan O'Keeffe: It was 11 November-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Susan O'Keeffe: I've just given-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Susan O'Keeffe: Page 26, I'm just making sure the guys have it, 11 November 2003, in a paper prepared for the board - the quarterly risk review points out that: [...] a shortage of front-line credit skills is evident at Branch/BRM level and the number of Commercial Branches rated unsatisfactory has increased to 9. [...] Relationship managers continue to be under pressure due to portfolio-size, quality of...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Susan O'Keeffe: Thank you. On BOI - B1, Vol. 1, page 13 running into page 14-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (30 Apr 2015)
Susan O'Keeffe: A court minute extract of 7 July 2008 in which you, Mr. Goggin, assured the court that you: ...keeps in regular contact with the Financial Regulator and expressed confidence that the Regulator has contingency plans in place (which would be likely to require the Group to play a part) should another entity appear likely to fail. In subsequent discussion, Mr Goggin confirmed that he could not...