Banking
PTSB was fighting for its ‘very survival’ when it breached tracker mortgage rules
On the second day of the Central Bank inquiry against David Guinane, PTSB’s former marketing manager said the bank was battling multiple ‘burning fires’
PTSB was fighting for its “very survival” and battling a number of “burning fires” during the period when it breached consumer regulations around tracker mortgages, the lender’s former marketing manager has told a Central Bank inquiry.
Niall O’Grady, general marketing manager at PTSB from 2001 to 2012, was giving evidence on the second day of a public inquiry into whether David Guinane, the former chief executive of PTSB, breached consumer protection rules during the tracker ...
