William Higgins, of RBS, and Ulster Bank's head of retail banking, Stephen Cruise, also appeared before MLAs.

BBC: Ulster Bank says ?18m paid out so far in compensation

He was replaced by Mr Jenkins, who was formerly head of retail and business banking.

BBC: Barclays bank chief Antony Jenkins to waive bonus

Royal Bank of Scotland (RBS) is to cut a further 1, 400 jobs from its retail banking head office over the next two years.

BBC: RBS to cut a further 1,400 jobs

In November Mr Rampl reshuffled his board, appointing Johann Berger to take over corporate banking and property, and Christine Licci, former head of Citigroup's German retail-banking operation, to revamp the retail business.

ECONOMIST: A large Bavarian bank prepares itself for marriage