Results 4,521-4,540 of 6,295 for speaker:Michael D'Arcy

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: It doesn't really but-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: No.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: Mr. Sheehy, you made the point that the bank took too much risk. In relation to-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: Mr. Buckley, did the bank take too much risk in your time?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: It didn't?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: From '01 increase of the balance sheet for your period to mid-2005-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: €6 billion to €19 billion, a trebling of the loan book in your period.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: That was the numbers.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: Can I ask Mr. Buckley also were senior management conflicted by the bonus system and the remuneration that Deputy O'Donnell discussed earlier? And were the focus upon earnings by share and the document I am quoting is AIB B1, Vol. 1, page 45, 31 March 2015.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: The Good Times - AIB (1988 to 2007). AIB B1. Vol. 1-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: Page 45.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: It says, "Reported EPS [earnings per share] Growth 2003: AIB: 3%-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: ... percent

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: -----Anglo 30%."

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: Can I ask Mr. Buckley ... you say that ...

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: You say that you didn't think the bank took on too much risk in your period as CEO. Was there any reckless lending occurring? And was that reckless lending rewarded by AIB?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: But can I qualify last weeks-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: Mr. Donal Forde who was head of retail did say that there was reckless lending.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: I did say that, Chairman.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Apr 2015)

Michael D'Arcy: I don't have the reference in front of me.