PTSB advisers to pocket millions

Advisers to Permanent TSB will pocket more than €30 million from the state-controlled bank’s €525 million cash call of private investors.

Germany’s Deutsche Bank, its main adviser, will be taking the largest pay cheque from the capital raising.

The roster of financial advisers also includes Davy and Goodbody stockbrokers and the New York firm Keefe, Bruyette & Woods. It also had a number of law firms on its team.

According to the prospectus ...