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The Quinns contend that his purchases helped prop up the stock, enabling the bank to mask hidden problems.
Yet in the end the transformation worked, enabling the bank to grow and to bring down its interest rates by two-thirds.
Pressed after the results on whether he should have received a bonus, Mr Gulliver said his bonuses were subject to 100% clawback by the bank for seven years, enabling the bank to demand repayment "if anything turns up later that happened on my watch".
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As long as the economy is still growing, albeit at a much slower pace, the banks will continue to make more loans, and most loans will still bring back interest as well as principal, enabling the banks to keep lending.
A larger rival gobbled up Banca Civica at a discount; Bankia was bailed out on May 26th, its troubles calling into question assumptions about non-performing loans elsewhere in the system and spooking the markets even more.The €100 billion loan from the euro zone should head off the sort of panic that might lead to bank runs while enabling the banks to purge their balance sheets of dud loans.
That enabled the bank to keep reporting profits while other banks suffered losses.
That was the cash call that enabled the bank to refuse a state-funded rescue.
"It will enable the bank to master the many current economic challenges and regulatory changes facing it".
This convenient re-framing of the debate to exclude Elizabeth Fry's removal enabled the bank to evade engaging with the issue of women's representation.
The Americans prefer a debt-for-equity swap to enable the bank to acquire a shareholding in EMI in return for writing off debt, something Hands has resisted.
The criteria, the court found, were not narrow enough to enable the bank to identify clients suspected of fraudulent conduct "with a high degree of probability".
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