Ian Guider on Tracker Mortgages

Individuals must be held to account if there is to be any hope of a real change in culture

Philip Lane: ‘Where we see the case for sanctions against individuals, those will be pursued’ Picture: Fergal Phillips

One of the tricks the banks have used to downplay many of the numerous scandals they have become involved in is to make everything seem like it happened in the distant past. At the banking inquiry hearings in 2015, the parade of former bankers apologised for mistakes of the past, without actually acknowledging what the mistakes were. Of course, acknowledging specific mistakes might have left them open to action.

The same apologies have ...