PermanentTSB customers may feel it necessary to check their statements more carefully this weekend, after the bank was fined €600,000 for submitting inaccurate figures in reports sent to the Financial Regulator earlier this year.
While Irish Life and Permanent (ILP), the bank’s parent, blamed human error for the inaccuracies, the episode is unlikely to have much of an effect on the public’s already dim view of Ireland’s inept banks and regulatory system. The regulator made...
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