Results 4,361-4,380 of 26,705 for speaker:John McGuinness

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: Today's meeting is an engagement on Ulster Bank. We are joined remotely, first by representatives of the Financial Services Union and then by representatives of Ulster Bank itself. The opening statements are taken as read. They will be published on the committee's website. The witnesses will have an opportunity to make some short comments before we begin our questioning of both groups. ...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: We will take questions from some more of the members first. Otherwise, we will not finish the list. I will go through a number of members first and then return to Mr. O'Connell.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: On 2 February, we were informed that the Minister, Deputy Donohoe, had met with representatives of Ulster Bank and its parent company, NatWest. He met the representatives of Ulster Bank again on 21 October. It was seen that, from last year, the Government was aware of what was going on and was in discussions with NatWest and Ulster Bank. The Minister indicated he met with the chair of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: There was a first meeting but there were meetings at the end of last year.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: The FSU did meet with-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: I thank Mr. O'Connell. We have dealt with the issues. I thank the witnesses for their attendance today. We will take a quick break to transfer over to the next session.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: I remind everyone of the notice regarding privilege. Witnesses who are giving evidence within the precincts of Leinster House or the Convention Centre are covered by privilege. Those who are not have limited privilege. Witnesses are reminded of the long-standing parliamentary practice that they should not criticise or make charges against any person or entity by name or in such a way as to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: I thank Ms Howard. There was some interference during her contribution, so I remind members and witnesses to put their devices on mute if they are not contributing. I call Deputy Tóibín. I remind him of his time and to use it efficiently.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: I would like the Deputy to pose some questions first and we will then see where that leads us. I am anxious to allow as many members as possible to contribute. I have a list of speakers

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: I wish to add a few more questions to the list. Goldman Sachs apparently had a role in this decision. What were the terms of reference given to Goldman Sachs? What was it asked to investigate? What was its role? Is it too late to reverse this decision? Do the witnesses think the decision was the correct one? Do they have a view on it? Do they have a view on the work undertaken by...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: Will Ms Howard comment on the Goldman Sachs issue, and on the ethical funds? I asked about the involvement of Goldman Sachs, the use of ethical funds instead of vulture funds, and the commercial tracker mortgages.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: A number of members have indicated that they have further questions so, with the limited time left, I am going to go back to the members. I would say that the witnesses have not answered the questions on the ethical funds or the commercial trackers. Will they answer those questions, please? I call Senator Higgins.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: We do not have the time. We have four minutes left.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: Could the Deputy ask a question, please?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: Due to the Covid restrictions we are obliged to finish at 6 o'clock. Quite a number of questions have not been addressed and other questions were asked just now by Deputies and Senators. I ask that by the end of this week, the witnesses review the meeting and get back to us with those "Yes" or "No" answers and the more detailed answers that are required. We intend to follow up on this and...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Matters: Discussion (23 Feb 2021)

John McGuinness: As Ms Howard has heard time and again during the meeting, most members agree that this was an appalling decision that will have far-reaching consequences for the bank's customers and staff and the economy. Despite our best efforts in this House and through the Minister and the Minister of State, we have failed to get the type of conversation we wanted in the lead-up to the announcement. It...

Written Answers — Department of Enterprise, Trade and Employment: Credit Guarantee Scheme (18 Feb 2021)

John McGuinness: 1. To ask the Minister for Enterprise, Trade and Employment his views on whether the credit guarantee scheme should be amended to ensure a greater approval rate from banks on loan applications and to give access to a wider range of SMEs; if the scheme will include refinancing of existing loans and overdrafts at a far more competitive interest rate to enable businesses rebuild their financial...

Written Answers — Department of Enterprise, Trade and Employment: Food Prices (18 Feb 2021)

John McGuinness: 6. To ask the Minister for Enterprise, Trade and Employment if his Department has carried out studies and analysis of the effects of the removal of the groceries order in 2006; if consideration has been given to reinstating the order or a version of same; his views on whether such an order would be helpful in protecting the primary producers of vegetables and meat at farm level; and if he...

Written Answers — Department of Transport, Tourism and Sport: Bus Services (18 Feb 2021)

John McGuinness: 78. To ask the Minister for Transport, Tourism and Sport if a commitment made two years ago to provide a public bus service for Carlow will be delivered on; the estimated costs involved; the reason the service has not been delivered to date; and if he will make a statement on the matter. [9238/21]

Written Answers — Department of Finance: Banking Sector (18 Feb 2021)

John McGuinness: 97. To ask the Minister for Finance if he will raise with banks (details supplied) and the Central Bank the issue of the negative consequences of the decision to charge negative interest rates on solicitor client accounts largely affecting those buying or selling houses and land; and if he will make a statement on the matter. [9236/21]