Current and ex BoI and Ulster Banks heads due before banking inquiry

The group chief executive of Bank of Ireland and the former head of Ulster Bank will appear before the banking inquiry today.

Richie Boucher, who took over at the helm of BOI in the wake of the bank guarantee, and Cormac McCarthy are expected to be pressed about the impact the guarantee and the economic bailout had on their financial institutions.

The inquiry is currently in its Nexus phase. It is expected members of the committee will hear from the former Taoiseach Brian Cowen on a number of occasions this summer.

A final report from the group is expected by the end of November.

More on this topic

Banking whistleblower tells committee he is relying on friends for food Banking whistleblower tells committee he is relying on friends for food

Michael Noonan has been very honest with the Irish people, says BrutonMichael Noonan has been very honest with the Irish people, says Bruton

Brian Lenihan claim, 'we all partied'Brian Lenihan claim, 'we all partied'

Banking inquiry report 'worse than useless', says US expertBanking inquiry report 'worse than useless', says US expert


More in this Section

Gardaí talk to three people as investigation into Cork father set on fire continuesGardaí talk to three people as investigation into Cork father set on fire continues

Garda tells inquest he shot Mark Hennessy as he believed he was about to slit Jastine Valdez's throatGarda tells inquest he shot Mark Hennessy as he believed he was about to slit Jastine Valdez's throat

Michael McGrath: Fianna Fáil not kicking pension decisions down the roadMichael McGrath: Fianna Fáil not kicking pension decisions down the road

Cork-based cybersecurity firm warn of 300% increase in cyber attacks from Iran Cork-based cybersecurity firm warn of 300% increase in cyber attacks from Iran


Lifestyle

What is it about the teenage years that are so problematic for families? Why does the teenage soul rage against the machine of the adult world?Learning Points: It’s not about the phone, it’s about you and your teen

Extending veganism to your hair and beauty regime is getting easier thanks to a growing industry response to the movement, writes Rachel Marie Walsh.How your beauty routine can go vegan

Áilín Quinlan hears about a programme helping school children to develop effective strategies to deal with worry, stress, and change.Power of positivity: The tools helping kids deal with worry, stress, and change

Yvonne Mulligan set up Nine Yards Design in 2016.Going the distance to build on creativity: Meet interior designer Yvonne Mulligan

More From The Irish Examiner