It is all too easy to imagine bankers at a corporate golf outing sneering at their customers’ complaints. They might remember the billions-upon-billions bailout and laughingly wonder how they can charge the eurozone’s second-highest mortgage rates. They might compare today’s paper-thin interest rates for savers to the good old days — good except that back then, they had to provide a service for customers. This Government, and all its predecessors, struggled to change the behaviour of banks and insurance companies. Even if they, at their golf outing, scoff at the idea of that responsibility.

Source: Irish Examiner January 30, 2020 19:30 UTC