The Permanent problem: how do you fix a broken bank?
The future for Permanent TSB remains uncertain, and last week's agm will have brought little comfort for investors, writes Michael Murray.
Shareholders of Permanent TSB attending last week's agm should have been left in no doubt that the company's prospects of becoming a viable stand-alone entity in its own right are deeply remote.
The bank is struggling to return to a level of commercial viability that would generate an attractive return on capital for investors.
What's left of its business model makes it difficult to foresee it surviving as a third force competing on anything approaching...
Subscribe from just 1€
Choose the subscription that is right for you
For the first month
€19.99 Monthly ThereafterSubscribe today
For the first year
€199.99 annually thereafterSubscribe today
For the first 90 days
€55.00 quarterly ThereafterSubscribe today
These offers are not available for current subscribers. Offers and pricing are subject to change without notice.
Terms & Conditions Apply