Jeremy Masding

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PTSB reiterated that it is committed to reducing the non-performing loans ratio to a single-digit percentage in the “medium term, as per regulatory guidelines, while protecting capital”. Photograph: Alan Betson

Mortgage lender Permanent TSB (PTSB) said on Thursday that its new lending volume increased 48 per cent to €1 billion in the first nine months of the (...)

UK prime minister Theresa May with DUP leader Arlene Foster, on whom her government depends for survival. Photograph: Clodagh Kilcoyne/Pool/Reuters

“It may go down as one of the greatest and most unnecessary self-inflicted wounds of modern history,” former US secretary of state Hillary Clinton tol(...)

Permanent TSB chief Jeremy Masding: “Our NPLs ratio is really, really dangerous”.

Permanent TSB’s high level of soured loans is “dangerous for Ireland”, the bank’s chief executive, Jeremy Masding, said on Thursday, as he sought to d(...)

PTSB CEO Jeremy Masding at last week’s  announcement of the bank’s interim results. Photograph: Iain White/Fennell

Permanent TSB has enhanced its mobile app offering to allow customers to apply for personal loans and get approval “within minutes”, as competition be(...)

Digicel chief Denis O’Brien moved on Friday to offer holders of $2 billion of bonds that mature in two years’ time a swap for similar securities that would fall due in 2022. Photograph: Matt Kavanagh

Businessman Denis O’Brien may just have bought himself more time to reset Digicel Group and avert a potentially nasty stand-off with junk bond markets(...)

Jeremy Masding, chief executive of Permanent TSB. Mr Masding said there is “absolutely nothing going on as far as I’m aware”. Photograph: Colm Mahady/Fennells

Permanent TSB chief executive Jeremy Masding has downplayed reignited speculation that the lender could shoehorned into a merger with a rival, saying (...)

Permanent TSB chief executive Jeremy Masding said existing regulations would continue to protect homeowners after the loans were sold. Photograph: Alan Betson

Permanent TSB will receive €1.3 billion in cash from Start Mortgages for a batch of bad home loans that had a face value of €2.1 billion. News of the(...)

PTSB chief executive Jeremy Masding said the group has started a recruitment and selection process.

Permanent TSB’s (PTSB) chief risk officer, Stephen Groarke, will leave in the coming months to become the European chief financial officer for US cred(...)

US private-equity firm Lone Star and hedge fund Elliott Management submitted binding final bids for €2.2 billion of non-performing PTSB loans.

Having just two final bidders in the mix for €2.2 billion of non-performing loans (NPL) was probably not what Permanent TSB (PTSB) chief executive Jer(...)

PTSB chief executive Jeremy Masding told the Oireachtas finance committee that the bank intended to reduce its NPLs to a single-digit percentage by March next year. Photograph: Dara Mac Dónaill

Permanent TSB (PTSB) has offered 400 properties to the State’s housing agency as it seeks to remove its stock of about 2,000 properties from its books(...)

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