Jeremy Masding

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PTSB chief executive Jeremy Masding apologised “unreservedly” to the customers affected by the tracker issue. Photograph: Eric Luke

Almost four years after Permanent TSB first admitted a “failure” in its treatment of tracker mortgage customers, it was yesterday fined €21 million by(...)

The fine was levied against PTSB over its treatment of more than 2,000 holders of tracker mortgages

The Central Bank of Ireland has fined Permanent TSB €21 million for the “unacceptable harm” it caused certain tracker mortgage customers, including so(...)

As part of PTSB’s redress programme, customers who accepted compensation from the bank were not precluded from a taking a further case via the courts. Photograph: Alan Betson

A customer of Permanent TSB has settled a tracker mortgage case with the majority State-owned bank, in what was considered to be a test case querying (...)

Jeremy Masding, group chief executive at  Permanent TSB. Mr Masding said there was “a disconnect” between the “intrinsic value” of Permanent TSB’s shares and the market value

A merger between Permanent TSB and another financial institution is not appropriate at this stage, but the bank must make “further tough decisions” ov(...)

Permanent TSB  mortgage lending grew by 19 per cent in the first three months of the year. Photograph: Alan Betson

Permanent TSB (PTSB) said on Thursday that its new lending increased by 25 per cent in the first quarter to €300 million, with analysts also cheering (...)

The Financial Services Union (FSU) has come out in favour of a Sinn Féin Bill backed by Pearse Doherty TD that would prevent banks from selling home loans to so-called vulture funds without borrowers’ permission

The Financial Services Union (FSU) has come out in favour of a Sinn Féin Bill that would prevent banks from selling home loans to so-called vulture fu(...)

PTSB chief executive Jeremy Masding signalled to the Oireachtas finance committee that a further sale of problem loans may be on the cards. Photograph: Dara Mac Dónaill

When Welsh banker Jeremy Masding became chief executive of Permanent TSB (PTSB) seven years ago, the company was a basket case and he knew there was a(...)

It’s less than two months since Bank of Ireland chief financial officer Andrew Keating called time on mortgage cuts, suggesting that rates in the Iris(...)

Permanent TSB chief executive Jeremy Masding said he expected the bank would – and “should” – be fined by the regulator for its involvement in the tracker-mortgage scandal.

Permanent TSB (PTSB), which sold €3.4 billion of problem loans last year, is planning to put another portfolio of mortgages on the market in the futur(...)

PTSB’s chief executive Jeremy Masding, didn’t rule out further loan sales when he reported full-year results last week.

Permanent TSB (PTSB) last year overcame remaining “existential issues” by offloading €3.4 billion of problem loans, but it has “very limited scope” of(...)

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