Show threadKillian Mangan🇮🇪Jan 28, 2025

Our Government could easily have used the opportunity to convert AIB into a public non-profit bank competing in the market, which would have offered better value loans and mortgages for individuals and small/local businesses, similar to Germany's Sparkasse model.

Instead, FFG once again chose the wealthiest international investors over the workers, carers, and community businesses throughout Ireland.

#Ireland #FinancialCrisis #Austerity #IrishNews #IrishPolitics #NonProfitBanking #NonProfit

Killian Mangan🇮🇪Jan 28, 2025

As always, Fine Gael and Fianna Fáil have socialised the losses and privatised the gains.

While the public took on huge debt and austerity to save the banks during the Financial Crisis, the wealthiest bank owners and bankers on huge bonuses are now allowed to make obscene profits at our expense.

https://www.rte.ie/news/business/2025/0128/1493302-state-reduces-aib-stake-again/

#Ireland #FinancialCrisis #Banking #PublicBank #StateBank #AIB #AlliedIrishBank #Austerity #IrishNews #IrishPolitics #NonProfitBanking #NonProfit

Christy Kelly-BissonMar 15, 2024
Hidden cameras catch bankers convincing customers that society needs private banks.
#cdnpoli #NationalizeBanking #PostalBanking #NonProfitBanking #EatTheRich
https://www.cbc.ca/news/business/marketplace-hidden-camera-banks-1.7142427
Hidden cameras capture bank employees misleading customers, pushing products that help sales targets | CBC News

Current and former employees from BMO, CIBC, RBC, Scotiabank and TD tell Marketplace about immense pressure to meet sales targets — pushing credit cards, mortgage insurance, mutual funds and other products — or risk losing their jobs. Marketplace hidden camera footage captures the big five breaking the law, says bank expert.

CBC