Board set up to improve banking culture 'rigged' in industry's favour: John McGuinnness

The new board set up to improve banking culture is "rigged" in favour of the lenders and not customers, one of the industry's biggest critics has claimed.

Fianna Fáil TD and chair of the Oireachtas Finance Committee, John McGuinness said he lacked faith in the Irish Banking Culture Board (IBCB), which appointed 14 board members earlier this week.