Results 13,401-13,420 of 26,208 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)
Kieran O'Donnell: Does Mr. Stanley believe Ulster Bank owes an apology to the tracker mortgage victims?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Ulster Bank (1 Feb 2018)
Kieran O'Donnell: I thank Mr. Stanley.
- Seanad: Emergency Department Waiting Times: Statements (31 Jan 2018)
Kieran O'Donnell: I thank Senator Colm Burke for sharing time. The Minister will have a fair idea of what I wish to raise. It is the urgent need to build a 96 acute bed unit in University Hospital Limerick. The Minister is aware of that. A new accident and emergency department has opened and it is making an enormous difference, but there is still a bed capacity issue. The new accident and emergency...
- Seanad: Vehicle Registration Data (Automated Searching and Exchange) Bill 2018: Second Stage (31 Jan 2018)
Kieran O'Donnell: Will the Minister conclude?
- Seanad: Vehicle Registration Data (Automated Searching and Exchange) Bill 2018: Second Stage (31 Jan 2018)
Kieran O'Donnell: I thank the Minister.
- Seanad: Vehicle Registration Data (Automated Searching and Exchange) Bill 2018: Second Stage (31 Jan 2018)
Kieran O'Donnell: When is it proposed to take Committee Stage?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)
Kieran O'Donnell: I welcome Ms McDonagh and her colleagues. I wish to clarify some points. I realise Ms McDonagh is new to her role but she certainly is not new to the banking world. She was head of retail banking in HSBC in the UK for a number of years. She said earlier that the tracker product was not a viable product for the bank in 2008. That is not the issue at hand. Nobody is questioning whether...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)
Kieran O'Donnell: Were the 6,000 customers a homogenous group or were there different sub-groups that did and did not qualify?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)
Kieran O'Donnell: I do not want gory details, just summary details.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)
Kieran O'Donnell: Did the previous group of 3,400 customers include any staff?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)
Kieran O'Donnell: How many staff were involved in the 6,000?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)
Kieran O'Donnell: It is a very high figure. What is the total number of staff? How many staff would have mortgages from Bank of Ireland?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)
Kieran O'Donnell: It appears to be a very high figure. Many of the trends coming through here are almost identical to those in AIB. It is virtually the same number. There is the same number of customers brought in at the end. AIB brought in a large segment as well. The two banks have provided roughly the same provision. Bank of Ireland is providing up to €200 million-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)
Kieran O'Donnell: AIB is providing €190 million. Both banks discontinued the trackers at the same time. Ms McDonagh was head of retail banking in HSBC in the UK and Europe. Was she surprised when she arrived at how the tracker issue had been dealt with? She might elaborate on that in the context of her comment that the bank should have dealt with it quicker. I am paraphrasing, but that is the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)
Kieran O'Donnell: Of the 6,000 customers, some 1,850 - nearly one third - were members of staff. Is it not an indictment of Bank of Ireland as an institution that to a certain extent it had to be dragged kicking and screaming to include the 6,000 customers, of whom nearly one third were staff, in the redress scheme?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)
Kieran O'Donnell: I have further questions. Of the €68 million that has been paid out so far, what is the breakdown between redress and compensation?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)
Kieran O'Donnell: The average for redress is about 13%.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)
Kieran O'Donnell: What is the maximum payment that Bank of Ireland has paid in redress and compensation?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)
Kieran O'Donnell: Would Ms McDonagh give a breakdown between redress and compensation?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)
Kieran O'Donnell: Was that paid to somebody who lost his or her home?