Wall Street Journal queries Irish banking report

RIP-OFF? What rip-off? asked the banks. The one that won’t wash, despite the banks’ charm offensive, replies the Wall Street Journal.

The WSJ's Dow Jones newswire service is extremely sceptical of the Irish Bankers Federation's Comparative Survey of European Bank Charges, which the IBF says shows Irish bank charges are competitive.

Columnist Debra Marks writes that the Irish banks are trying to convince people they're not making excessive profits ahead of a Competition Authority report into retail banking charges.