Two reports on banking collapse due this week

Two major reports on the causes of Ireland's banking collapse could be released by the government this week.

Two major reports on the causes of Ireland's banking collapse could be released by the government this week.

The documents are seen as the first part of the overall inquiry into the banking system.

The first of these reports, compiled by by international experts Klaus Regling, and Max Watson was delivered to the Department of Finance at the weekend.

It takes a general overview of the performance of the banks and the banking system in the five years up to September 2008, when the government guarantee on financial institutions was announced.

The second report is from the Central Bank Governor Patrick Honohan.

He is focussed on the performance of the Central Bank and Financial Regulator in the same period, and is expected to submit his work to the Department today.

Minister Brian Lenihan is to read both reports before bringing them to Cabinet. It is thought they could be made public by the end of the week.

More in this section

IE_180_logo
Price info

Subscribe to unlock unlimited digital access.
Cancel anytime.

Terms and conditions apply

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
Puzzles logo
IE-logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day. PS ... We would love to hear your feedback on the section right HERE.

Lunchtime
News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up
Revoiced
Newsletter

Our Covid-free newsletter brings together some of the best bits from irishexaminer.com, as chosen by our editor, direct to your inbox every Monday.

Sign up