Irish bank 'set to fail stress test'

It has been reported that one of the banks owned by the taxpayer is set to fail the ECB's stress tests this weekend.

Irish bank 'set to fail stress test'

It has been reported that one of the banks owned by the taxpayer is set to fail the ECB's stress tests this weekend.

Bloomberg is reporting that Permanent TSB will need between €700m and €800m in extra capital when the stress tests are published on Sunday.

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