PTSB not focusing on 'hypothetical' review at Ulster Bank, says chief       

Eamonn Crowley, chief executive at Permanent TSB Group. 

Permanent TSB (PTSB) was focusing on the fallout of Covid-19 and was not weighing the "hypothetical” outcome involving a review at rival Ulster Bank, its CEO Eamonn Crowley has said.     

Mr Crowley acknowledged that Permanent TSB has itself long been the subject of reports that it would be involved in merger and acquisition in the Irish banking industry but he insisted that reports of Ulster Bank winding down its operations remained “speculation”.