A debate about whether Permanent TSB can keep its independence and remain as a standalone bank has not gone away despite the huge strides made in restoring it to financial health since the crash, leading analysts have said.
Wed, 26 Feb, 2020
The costs of a record €21m fine the Central Bank imposed on Permanent TSB for its part in the industry-wide tracker mortgage probe should not be passed onto customers in higher loan costs and fees, the financial adviser who did the most to uncover the scandal has urged.
Thu, 30 May, 2019
Philip O’Leary, managing partner of Cork law firm FitzGerald Legal & Advisory, has been appointed as a board member to the Irish Banking Culture Board (IBCB), funded by Ireland’s five main retail banks with the aim of rebuilding trust in the sector.
Fri, 26 Apr, 2019
The Government’s decision over its 75% stake in Permanent TSB (PTSB), and its future as an independent mortgage bank will “not go away” even as the lender sells down its non-performing loans and seeks to return to full financial health, a leading analyst has said.
Thu, 30 Aug, 2018
Shares in Permanent TSB, which have shed more than half their value this year, rose to their highest level since before the UK referendum, as pressure appeared to ease for it to quickly dispose of a large UK loan book worth £2.3bn (€2.74bn).
Thu, 28 Jul, 2016
Shares in Permanent TSB, which is majority-owned by the Government, slumped over 10% yesterday adding to huge losses for the mortgage lender in the last four trading sessions, as politicians stepped up pressure for Irish lenders to cut their variable home loan rates.
Thu, 12 May, 2016