Losses shrink at Permanent TSB
Permanent TSB indicated last week that it will raise €525 million from investors to plug a capital shortfall after it failed European-wide stress tests on its loan book last October. The bank also announced that its losses last year shrank to €48 mil
“The plans announced today by Permanent TSB to raise capital from private sources are the first step in returning the bank to private ownership and will allow the state to recoup ...
