Banking

‘Untenable’ David Guinane didn’t know about PTSB tracker mortgage breach

Public inquiry into the former PTSB chief executive, heard closing arguments on his role in the bank’s alleged violation of tracker rules

David Guinane claims he is being scapegoated by the Central Bank inquiry

David Guinane, the former chief executive of PTSB, was given “hopelessly deficient and incomplete” information by his staff when he signed off on a plan to deal with tracker mortgage customers who complained to the bank, his legal team have argued.

Making closing arguments to the Central Bank’s public inquiry into whether the former PTSB chief executive participated in a breach of consumer protection rules during the tracker mortgage scandal, Tom Hogan, senior counsel on ...