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
Up to 10 more customers of Permanent TSB have lost their homes on top of the 22 already known from the fallout of the tracker mortgage scandal, while KBC Ireland had said it has still not contacted many customers wrongly put on more expensive loans.
Fri, 29 Sep, 2017
Some 90% of the 1,372 cases identified in Permanent TSB’s Mortgage Redress Programme have been compensated to the tune of €40m, with that figure likely to increase to €45m to €50m when the further 10% of instances are dealt with.
Thu, 10 Mar, 2016
Permanent TSB is still awaiting approval from the European Commission for its restructuring plan, which would see the bank split into three units: a good bank, an asset management unit, and a division to manage its UK operations.
Wed, 27 Mar, 2013
Permanent TSB is on schedule to sell its car-leasing business by the end of November. The division will be sold at a discount, with the price in the range of a “few hundred million” euro, according to a source close to the company.
Thu, 18 Oct, 2012