Stock take: market week

Stress test failure sees Permanent TSB raise capital

Permanent TSB needs about €125 million to cover the shortfall signalled by the ECB’s stress test results.

“It was always going to be a challenge for us in the extreme [test] scenario.”

– PTSB chief executive Jeremy Masding

“It looks like the main Irish banks were in the middle of the pack for Europe as a whole, which we find comforting.”

– Eamonn Hughes, banking ...