Banking Inquiry: ‘Doing your level best was not good enough’

Dermot Gleeson came before the banking inquiry not to make excuses but to provide explanations.

So he said on more than one occasion yesterday, as the members of the inquiry committee prodded and probed him about his time as chairman of AIB.

Gleeson’s appearance was the first from a major figure in the commercial banks which led the charge to the economic abyss in 2008. Interestingly, he is not a career banker.