Central bank chief warns bankers to be ‘sensible’ in demands

Lower standards have greater costs than benefits, says Gabriel Makhlouf

Central Bank governor Gabriel Makhlouf urged executives to be 'sensible' in changes they might push for. Picture: Sam Boal 

The governor of the central bank has warned bankers about the perils of joining a deregulatory wave looming on the other side of the Atlantic.

Speaking at a financial services gathering in Dublin, Gabriel Makhlouf urged executives to be “sensible” in changes they might push for, just as their US peers seek to capitalise on Donald Trump’s impending return to the White House.