Results 2,341-2,360 of 4,168 for speaker:Susan O'Keeffe
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Were you surprised at the level of salaries, particularly at very top level, when you arrived into the bank?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: The salary that you now earn is less than €500,000. Is that the sort of salary you believe might be appropriate into the future?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Deputy McGrath raised the fact that you had written to some former members and asked them about their pensions, I believe. You also said I think you had not spoken to any of the former members of the executive or the board, so you did not ever invite them in and have tea or lunch or breakfast and say, "Guys, tell us the short cut, what happened here" ?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Has the bank during your tenure made any corporate write-downs?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Can you give us any indication of the measure of the extent of those?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: We probably sort of know how it works, but in terms of its significance for the bank or loss to the bank.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: It is significant. You said that one of the reasons you did not talk to people was that you were looking to the future but you also said that you were talking to the troika. So what sort of priorities did the troika ... what were they saying to you when you were sitting with their representatives?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: So they didn't set you strict targets that you, just to be clear, I'm sorry ... they didn't set you straight targets? They-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: ------talked with you about the targets.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Okay. And then when the targets were agreed, have you ... did you achieve all those targets? Was there anything that didn't-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Okay. When Mr. McDonagh was here, in page 44 of his evidence, from NAMA, he said that: "The colleagues concluded that when the loan-to-value ratios were examined, they were probably closer to 100% rather than the average that they'd averaged out at 77%." I know you'd nothing to do with that, but, as a banker, if you look at that, how could it happen that a bank, a series of banks, could be...
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Did you find any evidence in your tenure that AIB had invested equity in any of the property transactions for which it had also provided debt funding?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Okay. How much then, looking at it, did the bank contribute to its own downfall?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: And could you say that it contributed ... but roughly, look, these things are not accurate, but is it ... did it contribute 30%? Was the bank responsible, if you like, for 30% of the downfall, or 70% or what figure might you attribute? And I appreciate it's-----
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: Obviously when you arrived and you took on the job, you took it voluntarily, so you knew it was a difficult position. How much more difficult, if it was, was it, when you walked in and suddenly saw ... because of course you couldn't have been privy to everything ... was it worse than you thought it might be or was it better than you thought it might be?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: What will be AIB's profit driver in future, do you believe, given that your ... the bank is clearly going to be more cautious about how it lends to property and it was driven into that position by the need to become profitable because of the competitive environment in which it was operating? So, what is ... what can it do now if it can't have that market anymore? What's it left with?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)
Susan O'Keeffe: It'll go back, more or less, to what it perhaps was in our ... in our, sort of, memory?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Susan O'Keeffe: Many thanks Chair. Mr. Gleeson, you said at the start in response to Deputy Doherty that you had had some property yourself as part of your pension plan.
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Susan O'Keeffe: Did any of the other members of the board of AIB have any involvement in property deals, apart, of course, from owning their own house, perhaps?
- Committee of Inquiry into the Banking Crisis: Nexus Phase (23 Apr 2015)
Susan O'Keeffe: And it was never something you might've thought was relevant, you know, that involvement by-----