Tuesday 23 October 2018

Ulster Bank staff cool down after tracker roasting

Oireachtas committee chairman John McGuinness. Photo: Collins
Oireachtas committee chairman John McGuinness. Photo: Collins
Samantha McCaughren

Samantha McCaughren

Who could blame them? After the roasting Ulster Bank got at the Oireachtas Finance committee, senior officials there could be forgiven for retiring to an upmarket hostelry to cool down with some refreshments.

Last week committee chairman John McGuinness berated the Ulster Bank delegation which included Elizabeth Arnett, head of corporate affairs, formerly the voice of Irish Water. McGuinness said Ulster had a "brass neck" by sending chief finance officer Paul Stanley into the committee instead of departing chief executive Gerry Mallon.

The bank was even accused of robbery during a bruising appearance. But can appearances be deceptive? No sooner had the committee encounter concluded, Team Ulster, including Mr Stanley, decamped to that well-known renovated bank, The Westin Hotel. After a thoroughly heated interrogation, who could blame Ulster for wanting to cool its heels?

Sunday Indo Business

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