Results 4,741-4,760 of 5,587 for speaker:Kevin Humphreys
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kevin Humphreys: Mr. Boucher said that it depends but I am asking if there is a higher rate if one has a tracker. Is there a better package than 2.75%?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kevin Humphreys: Does Bank of Ireland have a better rate than 2.75%?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kevin Humphreys: It is somewhat like the packages one gets for a telephone or mobile phone. I have asked the question and Mr. Boucher understands it. Overall, does Bank of Ireland have a better rate than the 2.75% rate? The person that brought this letter to me believes that he was being tricked to engage with the bank to come off his tracker rate. That is a reasonably fair interpretation of the letter.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kevin Humphreys: Did Bank of Ireland send these letters to those with buy-to-let trackers?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kevin Humphreys: Did Bank of Ireland send it to those with buy-to-let trackers or was it simply sent to ordinary people who own their own homes and who have trackers? Did Bank of Ireland send it to people with buy-to-let mortgages?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kevin Humphreys: I think it is unfortunate. I believe Bank of Ireland is putting pressure on people or trying to convince them to move away from trackers.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kevin Humphreys: Mr. Boucher said earlier that there is gratitude towards the Irish taxpayer for assisting the bank. Did I pick up that remark correctly?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kevin Humphreys: Bank of Ireland would feel a certain amount of gratitude for that, is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kevin Humphreys: Does Mr. Boucher think there should be a dividend as an expression of that gratitude? I put it to him that he should re-engage with the Minister for Arts, Heritage and the Gaeltacht in regard to the bank premises on College Green. Tourism has a major role to play in Ireland and if the State had control over Grattan's Parliament, it would help us to develop our tourism industry. If the bank...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kevin Humphreys: I would ask Mr. Boucher to re-engage with the Minister.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Kevin Humphreys: The Irish Bank Resolution Corporation, IBRC, is proceeding with this particular process.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Kevin Humphreys: Is it near the top of the list?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Kevin Humphreys: Questions have been asked in the media about whether we are duplicating a process. Has the IBRC considered a merger? Has the idea been raised at board level? Has the board discussed what path would give the best value to the taxpayer? The loan books are reducing. Is there an argument for considering a merger with another agency?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Kevin Humphreys: Sometimes, the lower paid workers take all of the pain of companies downsizing. Given the business being done by the bank, has the board considered whether it needs ten members? Costs should be assessed at every level. Too often, they are only assessed at the lowest level. Does the board examine its own operation and size?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Kevin Humphreys: I thank Mr. Dukes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Kevin Humphreys: I join in the tributes paid to the staff members who remained. Approximately 1,450 members of staff lost their jobs, the majority through no fault of their own, because of what went on in Anglo Irish Bank, and we should acknowledge the work they did over many years only to be sold out by the previous Administration. I worked in the private sector and when it comes to wind-down, closure...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Kevin Humphreys: What was the loss on the US loan book sold for $10 billion?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Kevin Humphreys: It is stated on page three of the submission document that the bank hopes the final cost will be closer to €25 billion. Will the witnesses outline the model of market conditions used for this forecast? What market conditions are required to achieve this outcome?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Kevin Humphreys: The proportion of the portfolio comprising residential and investment mortgages is described as small. What is the figure for this small proportion?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Kevin Humphreys: I apologise for moving rapidly but I am under time pressure. The comments of Fiona Muldoon of the Central Bank on decisive and creative dealings were referenced. I am a firm believer in examples and I ask the witnesses to provide me with an example of how they have been creative and decisive.