Wednesday 18 October 2017

Shane Ross: The third farce in banking

Shane Ross

WELCOME to the third farce in banking. Yes, that appears to be one of the Government's glib solutions to the banking crisis.

The plan of action is to merge EBS, Irish Nationwide and Irish Life's banking arm into a third force. Anyone else who wants to join in is welcome.

Halifax Bank of Scotland took one look at the idea and promptly left the country. But the Government still loves the project: lump all the troubled minnows into one pot.

Please sign in or register with Independent.ie for free access to Opinions.

Sign In

Independent.ie Comments Facility

INM has taken the decision to remove the commenting facility on its online platform Independent.ie to minimise the legal risk to our business that arises from Ireland's draconian libel awards system.

We continue to look forward to receiving comments through direct email contact or via social media, some of which may still be featured on the website Independent.ie


Don't Miss