The risk of a property crash was “clearly flagged” but ignored by senior staff at the Central Bank as far back as 2004, the bank’s former head of financial stability has claimed.

IN JANUARY 2007, Johnny Keane embarked on the 80 mile round trip from his home in Liscarroll to Dripsey, where he had become the club’s hurling coach.

The governor of the Central Bank, John Hurley, today announced the appointment of Tony Grimes as director general designate of the Central Bank and Financial Services Authority of Ireland.