Results 17,721-17,740 of 26,228 for speaker:Kieran O'Donnell

Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)

Kieran O'Donnell: And do you believe if it hadn't happened, that the State would have had to put money into ... taxpayers' money into the Irish banks?

Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)

Kieran O'Donnell: Okay. Mr. Beggs?

Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)

Kieran O'Donnell: Mr. McArdle. And define what you mean by soft landing?

Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)

Kieran O'Donnell: You are becoming a contrarian, Mr. McArdle -----

Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)

Kieran O'Donnell: Do you believe the taxpayer would still have been putting into the Irish banks?

Committee of Inquiry into the Banking Crisis: Nexus Phase (7 May 2015)

Kieran O'Donnell: And Mr. Beggs, do you think the taxpayer would have been putting money into the Irish banks?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Kieran O'Donnell: Thanks, Chairman. Welcome, Mr. Boucher. Mr. Boucher, in the bank's strategy between '04 and '09 you were looking at an earnings per share growth of 15% per annum. And was that very ambitious in the market that you were operating in?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Kieran O'Donnell: Can I go back? You took over as CEO of retail banking in Ireland on 1 January 2006, is that correct, Mr. Boucher?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Kieran O'Donnell: And within that position, you would have been in charge of property and construction loans within the bank. Would I be correct that loan-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Kieran O'Donnell: What area would you have been in charge of?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Kieran O'Donnell: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Kieran O'Donnell: Well, in terms of your interaction with the property and construction loans within your role as CEO of retail banking, what areas of loans would you have had direct involvement with and control of?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Kieran O'Donnell: If a loan was above a certain limit -----

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Kieran O'Donnell: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Kieran O'Donnell: So above what limit would it have come to you?

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Kieran O'Donnell: On average.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Kieran O'Donnell: When you took ... you came in ... in the year ... if you look at the property loan book of Bank of Ireland between '05 and we will say '09 ... between ... in the year 2006 when you took over, property and construction lending jumped by 28%. The loan book increased by 28%. Your previous in '05 went up by 13%. Why did it jump to such an extent in 2006? There was an increase of roughly...

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Kieran O'Donnell: It would be Bank of Ireland overall.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Kieran O'Donnell: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (6 May 2015)

Kieran O'Donnell: Can I just ... in the limited time that I have, Project Atlas provides a very, very stark statistic that when it was ... they looked at the loan book in '08, Bank of Ireland had €5.4 billion of ... related to land bank ... land bank loans alone. And of that €5.4 billion, €3.2 billion, which is 60% of that loan book had no planning ... of that land. So you had...