Irish Examiner view: Innocent families suffered the most

Bank of Ireland fined

 The Central Bank has fined Bank of Ireland for its role in the tracker mortgage controversy.

Readers would be forgiven for a certain weariness when it comes to the latest slap on the knuckles being dished out to the nation’s bankers.

Are we referring to the €1.8m fine issued by the Central Bank of Ireland to Danske Bank for transaction monitoring failures in respect of anti-money laundering and terrorist financing systems? Or perhaps we mean the €83.3m fine (and reprimand) issued by the Central Bank to Allied Irish Bank for regulatory breaches affecting tracker mortgage customers?