Results 2,461-2,480 of 26,398 for speaker:John McGuinness
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: I call Deputy Danny Healy-Rae.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: Again, both of those questions have been answered but if the witness would like to give a short response to Deputy Healy-Rae.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: Okay.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: We went through of all that in detail earlier. As we are approaching the end of the meeting and Deputy Tóibín still has not contributed, I ask Dr. Hunt to give a short answer.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: What is the Deputy's question?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: We have to conclude our meeting, but I want to put three things to the witnesses. I will be brief. Under legislation, personal insolvency practitioners are obliged to open accounts for their clients. Whoever their clients may be, they open the accounts in the course of assisting them. My understanding from correspondence I have received is that the banks are refusing to open those multiple...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: No, it is not. It is to do with a PIP opening an account for a client, such as a solicitor's account in the name of a client.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: I will pass it on to Mr. O'Keeffe. One of the purposes of asking Dr. Hunt in today was to discuss with him the future of banking in Ireland and what he sees as being the future. There is no point in getting into that now. Does Dr. Hunt have any paper or work done on what he thinks banking will look like in general terms over the next ten years that he could share with us?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: With regard to the evolution of ATMs, that was not a decision the bank just took in isolation. I am sure there was an overall view taken by the bank. There must be a similar type of view or strategy being discussed relative to how banking is now developing both online and offline in branches, with services and so on. That is what I am asking Dr. Hunt for. Surely, a bank the size of AIB is...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: Can Dr. Hunt give us an idea of where the bank is focusing? Deputy Tóibín raised a question on the community bank. It constantly comes up here, as does the use of credit unions and regulation from the Central Bank of Ireland. It might inform the committee members if we can get each of the banks not to tell us anything about their commercial end of things, but generally how banks...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: Okay, that is fair enough. I believe that will be published shortly.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: We will see how much fluff is in it. We may have to come back to Dr. Hunt to remove the fluff and give us the facts, not on the AIB submission but generally.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: The last thing I wish to ask Dr. Hunt, and he would not leave the room unless I asked him because he would feel the meeting was incomplete, is about EBS. I listened to other colleagues ask Dr. Hunt questions and to the responses he gave. They spoke about a campaign of dishonesty against AIB customers and AIB failing to act honestly. Dr. Hunt's general response was to address those...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: Well, it has not.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: Rather than sit here now and argue the toss with Mr. O'Keeffe, which I will not do, I am going to ask the committee next week when we are discussing our work programme to put this as a main item on the agenda to bring about a resolution. The members may not like it, and AIB may not like it in terms of the resolution that might be found but, for God's sake, the agents were there with the EBS....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: It will be made available to the committee. I thank the attendees very much indeed.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: We are joined by Mr. Gavin Kelly, Ms Aoife Leonard and Ms Susan Russell from Bank of Ireland. I remind everyone to turn off their mobile phones. I have a note on privilege. Witnesses who are physically present or who give evidence from within the parliamentary precincts are protected by privilege. Witnesses attending remotely may have limited protection. Witnesses are reminded of the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: I thank the Deputy.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: I thank the Deputy.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Issues: Discussion (14 Sep 2022)
John McGuinness: I call Deputy O'Callaghan.