Sunday July 5, 2020

Ian Guider's Market Talk

As Permanent TSB prepares to publish its latest results, it has big problems to address

Ian Guider

Markets Editor

6th March, 2016
Jeremy Masding, the beleaguered chief executive of Permanent TSBFeargal Ward

Over the last couple of weeks, the two biggest banks in the country have reported multibillion-euro profits. In the case of AIB last week, the figure wasn’t far off what it made at the peak of the Celtic Tiger in 2006 and 2007. The remaining foreign lenders left in Ireland are also back in the black.

But what about the odd one out, Permanent TSB? It managed to make a profit about €1 million in...

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