Taoiseach backs motion to create banking commission

Move may force the hand of finance minister Paschal Donohoe, who has instead suggested a ‘review process’ for sector

Michéal Martin support for a motion on the issue at last week’s Fianna Fáil parliamentary party meeting is significant because the finance minister has so far held off from committing to any type of banking forum. Picture: Rollingnews

Michéal Martin has backed the creation of a banking commission, in a move which will increase pressure on Paschal Donohoe.

The Taoiseach’s support for a motion on the issue at last week’s Fianna Fáil parliamentary party meeting is significant because the finance minister has so far held off from committing to any type of banking forum.

Calls for a body to explore the future of Irish banking have been growing since Ulster Bank and KBC ...