Irish Nationwide email 'unacceptable' says Taoiseach

The Taoiseach has come out strongly against the actions of an Irish bank official, in the wake of the Government’s new support scheme for banks and guaranteed deposits.

Michael Fingleton Junior, the son of the Chief Executive of Irish Nationwide, sent an email to a bank in the UK, aimed at attracting business by claiming that Irish banks are now among the safest in Europe.