PTSB aiming to be back in the black a year early
Chief executive Jeremy Masding says he is transforming his bank into a profitable retail business to challenge AIB and Bank of Ireland, but there’s no clear way out for the state yet
Permanent TSB is holding out the prospect of being profitable sooner than forecast as it looks to tap private investors for €525 million to plug a capital shortfall.
The bank last week kicked off the process of raising the cash and said it could be profitable as a group by the middle of 2016. It ...
