A belated act of atonement

Banks are meant to inspire trust and confidence in their customers, their borrowers and their depositors. Some mortgage holders with Permanent TSB (PT(...)

All told, 1,372 mortgage account holders were impacted with 1,152 being customers of PTSB, with and the remaining 220 being Springboard account holders.

Permanent TSB has been accused of “despicable behaviour” over its treatment of almost 1,400 mortgage customers whose accounts it mismanaged with the r(...)

Odessa restaurant, bar and nightclub at Dame Court off Wicklow Street in Dublin 2, for sale through agents Kelly Walsh at €1.6 million

A restaurant, bar and nightclub known as the Odessa at Dame Court off Wicklow Street in Dublin 2, and producing a rental income of €60,000 per annum i(...)

PTSB had sought to raise the €400 million as part of overall plan to return bank to private ownership. Photograph: Alan Betson/The Irish Times

A High Court challenge has been brought to plans by Permanent TSB aimed at raising €400 million through a share placing to institutional investors (...)

Minister for Finance Michael Noonan:  examinations of the balance sheets of each bank  demonstrate that significant progress has  been made since 2011. Photograph: Eric Luke

Minister for Finance Michael Noonan said the stress tests reaffirmed the robustness of the Irish banking system notwithstanding the failure by Perma(...)

ECB vice-president Vitor Constancio: indicated the bank would  buy only the senior tranches of any package of mortgages or other assets offered to it. Photograph: EPA/Matteo Bazzi

The prospect of the ECB’s planning to buy mortgages and other assets from banks and providing Irish banks with a way out of the tracker mortgage dead (...)

Minister for Finance Michael Noonan told a conference on the future of European banking that ‘external prospects are at their most benign for Ireland for a number of years’. Photograph: Francois Lenoir/Reuters

Minister for Finance Michael Noonan said today the results of the recently-concluded asset review tests on Irish banks contained “no great surprises”(...)

The Minister for Finance Michael Noonan

Further injections of capital into AIB, Bank of Ireland and Permanent TSB “might prove unavoidable” the Irish Fiscal Advisory Council has warned in(...)

Permanent TSB chief executive Jeremy Masding. Photograph: Frank Miller/Irish Times

Permanent TSB, which is 99.2 per cent owned by the State, has promised to increase the number of products and services it offers to banking customers (...)

Permanent TSB chief executive Jeremy Masding: said he expected the “good bank” part of the financial institution to make a profit in 2014.

Permanent TSB is likely to sell its €6.9 billion UK residential mortgage book – comprising mostly buy-to-let loans – in tranches over a period begin(...)