Monday February 17, 2020

Michael Murray: Bank restructuring has a long way to go

While AIB may have stolen a major march on Bank of Ireland in technology terms, Permanent TSB does not deserve to exist

30th July, 2017
2
Jeremy Masding, chief executive of Permanent TSB Pic: Maura Hickey

It’s a nice little trick if you can get away with it. Let’s say you are a plc. You have a direct competitor in your core market with a broadly similar franchise. Your year-ends and your half year-ends are the same. So you are reporting them at close proximity to one another - in fact, within a day of each other this year (which has kept the banking analysts busy).

You...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

A Sinn Féin-led government would have many implications for the country, from tax on banks to the housing market to a border poll

Ian Guider | 1 day ago

Refusing to discuss Irish unity no longer makes any sense for the DUP –talking about a united Ireland is not the same as supporting it

Deirdre Heenan | 1 day ago

Varying interests will be lining up to fight their corner as Europe aims to reorganise and reinvent economic supply chains to ‘reconcile the economy with our planet’

Daniel Murray | 2 months ago