Bankers to be made directly accountable for failings
Ireland will introduce laws from next year to make senior bankers directly accountable for failings at institutions, including fines and regulatory findings against individuals, Finance Minister Paschal Donohoe said yesterday.
A decade ago, the country faced the costliest bank bailout in the eurozone after the bursting of a credit-fuelled property bubble and, more recently, began punishing lenders for overcharging tens of thousands of mortgage customers.
