No mea culpas from Masding
Permanent TSB has returned to profit after a rough six years, but its boss still seems to want the sympathy vote
Is it possible to feel sorry for a banker yet? Because Permanent TSB chief executive Jeremy Masding certainly made a good case for it last week, as he outlined everything he had done since getting the job in 2012.
The bank has returned to profit after a hellish six years where it has proved its capacity for survival despite many obstacles: raising capital, selling off performing loans under orders from the ECB, reclaiming its mortgage market...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Private rental sector remains strong despite Covid-19
Demand continues to outstrip supply in both residential and PRS markets, while developers adapt new build designs to take the pandemic into account
How the programme for government will shape housing
Several strategic changes offer an opportunity for positive reform of planning and development
Comment: US must defuse Covid-19’s ticking time bomb of debt
The United States cannot defeat the pandemic like a military foe but it can learn from looking back at its post-war economic recovery