Kenny lobbied Donohoe over negative rates for solicitor client accounts
Former Taoiseach wrote to Finance Minister urging him to meet with Law Society as it campaigned against move to impose negative interest rates
Enda Kenny lobbied Minister for Finance Paschal Donohoe on behalf of the Law Society as part of its campaign against AIB and Bank of Ireland imposing negative interest rates on solicitors’ client accounts.
The former Taoiseach requested that Donohoe meet with James Cahill, the Law Society president, and Ken Murphy, its director general, to discuss the issue, but Donohoe declined due to “severe diary pressure”, documents obtained through Freedom of Information show.
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Bank of Ireland deal for post offices is under threat, union claims
Irish Postmasters’ Union says balloting on work stoppages could affect banking services to the public
Ian Guider: The mortgage lending rules are frustrating, but so is the alternative
Many home buyers feel aggrieved by the restrictions brought in by the former Central Bank governor six years ago – but the ESRI sees it differently
Revolut steps up lobbying for more banking competition as it awaits licence decision
Fintech told politicians about need for more competition in Irish banking market in series of meetings this year
PTSB confident of smooth transfer of Ulster customers
Permanent TSB chief executive Eamonn Crowley said the bank was experienced in such transfers after post-crash buy up of Irish Nationwide deposit accounts