Permanent TSB has confirmed the sale of its Springboard subprime mortgage book of about 2,200 mortgages to Mars Capital Ireland for an undisclosed sum(...)

Minister for Finance Michael Noonan: said he had a “fair idea“ of how the balance-sheet assessment was going and that AIB and Bank of Ireland “are very secure in capital terms”. Photograph: Gareth Chaney/Collins

That ticking noise you can hear is the countdown to the publication on Sunday of the results of a comprehensive assessments of 130 bank balance sheets(...)

Deutsche Bank has engaged with potential investors in Permanent TSB with the goal of trying to return the maximum capital possible to the taxpayer while ensuring stability for its borrowers

Permanent TSB, the State-owned lender which has received a €2.7 billion bailout from the taxpayer, has asked Deutsche Bank to test the capital markets(...)

Jeremy Masding: still numerous legacy issues to be tidied up. One  is the funding drag caused by its €12.9 billion tracker mortgage book in Ireland. 2:32

In keeping with the other Irish banks, Permanent TSB’s half-year results yesterday showed improving trends on a number of fronts. Income was up, payro(...)

Permanent TSB chief executive Jeremy Masding at a briefing yesterday about the bank’s interim results.  Photograph: Gareth Chaney/Collins

State-owned Permanent TSB wrote off €73 million in Irish residential mortgage loans in the first six months of this year, according to interim acco(...)

Permanent TSB is benefiting from declining impairment charges, as charges on the bank’s Irish residential mortgages book fell from €338m in 2013 to €114m in the first six months of 2014. Photograph: Eric Luke Staff Photographer 2:32

Permanent TSB narrowed its first-half losses by 62 per cent to €171 million, down from €449 million in the same period in 2013, driven by a sharp impr(...)

“Unless a private equity white knight comes riding over the hill, it could end up being a case of as you were [for Ulster Bank]. At least until 2016.” Photograph: Frank Miller

We now know that whatever comes of Royal Bank of Scotland’s strategic review of Ulster Bank, it won’t involve KBC Bank Ireland. At least not until (...)

Alan Cook, chairman, at the Permanent TSB Group Holdings plc annual general meeting, in Dublin.  Photograph: Eric Luke

Permanent TSB is likely to take legal action against customers who are behind with their mortgage repayments and who have not engaged with the bank ov(...)

Permanent TSB chief executive Jeremy Masding. The lender has reported a strong start to 2014 with new mortgage approvals up 80 per cent. Photo: Aidan Crawley

Permanent TSB has reported a strong start to 2014 with new mortgage approvals up 80 per cent, and arrears below their 2013 peaks.In a trading statemen(...)

Permanent TSB chief executive Jeremy Masding said there had not been any write-downs of debt yet. Photograph: Aidan Crawley/The Irish Times

Permanent TSB has significantly increased the number of mortgage holders in default whom it is (...)