Jeremy Masding

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Jeremy Masding has led Permanent TSB for eight years. Photograph: Eric Luke

Permanent TSB (PTSB) chief executive Jeremy Masding has announced that he will step down from the bank in 2020, eight years after the Welsh banker too(...)

PTSB: plans to sell €1bn of senior and junior debt to comply with the new European rules

Permanent TSB (PTSB) this week sold €300 million of senior bonds that can be converted into equity if the bank runs into trouble as it seeks to comply(...)

Some 1,422 of the loans are secured on private homes, while 510 are tied to buy-to-let properties. Photograph: Alan Betson

A vulture fund that is buying almost 2,000 mortgages from Permanent TSB will repossess most of the homes involved, one activist warns. Majority State(...)

Permanent TSB chief executive Jeremy Masding. Photograph Nick Bradshaw

Permanent TSB is laying the groundwork for its first sale of bonds where investors could suffer losses if the bank runs into trouble in the future, e(...)

Bank of Ireland CEO Francesca McDonagh  said she plans to reveal a ‘well thought-through’ plan on cost efficiency. Photograph: Laura Hutton

As Bank of Ireland’s crisis-time chief executive Richie Boucher rushed to shrink the group’s loan book to €90 billion, he overshot his target in 2013,(...)

PTSB CEO Jeremy Masding appealed for time to give his best shot at increasing the earnings and value of  bailed-out bank

Permanent TSB chairman Robert Elliott and chief executive Jeremy Masding have become the last of the senior directors of bailed-out banks to buy stock(...)

British prime minister Boris Johnson waves as he enters 10 Downing Street following his appointment by  Queen Elizabeth

A quick scan of the newspapers across Europe this week and you might be forgiven for thinking Ronald McDonald had taken up residence at 10 Downing Str(...)

Minister for Finance Paschal Donohoe will be in no position to rush to market with bank shares. Photograph: Gareth Chaney Collins

Michael D’Arcy, Minister of State with responsibility for financial services, said on a trip to the US last week, as he peddled Ireland’s internationa(...)

Permanent TSB chief executive Jeremy Masding during the announcement ofthe bank’s results on Thursday.  Photograph Nick Bradshaw

Permanent TSB (PTSB) chief executive Jeremy Masding has appealed for time to give his best shot at increasing the earnings and value of the bailed-out(...)

PTSB says it has a target of cutting its soured loans to a “mid-single-digit ratio” over the “medium term”.

Permanent TSB (PTSB) must shift a further €550 million in problem loans before it will meet its own targets – and get a hearing from regulators on li(...)

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