Former Fine Gael MEP looking to help banks regain reputation

Former Fine Gael MEP Brian Hayes has defended financial services in Ireland from what he called "bank-bashing" and "groupthink".

Mr Hayes, who was also a TD and Senator in a near 20-year political career is now the Chief Executive of the Banking and Payments Federation of Ireland and acknowledged the banking failures that led to the economic collapse as well as the more recent tracker mortgage scandal.