Former PTSB CEO Masding joins board of i360medical Irish medical device innovation company i360medical has appointed Jeremy Masding, the former chief executive of Permanent TSB, to its board. Business • 15 Nov 21
New PTSB CEO says loan breaks on offer to end September The new chief executive of Permanent TSB has said the bank will continue to accept applications for mortgage and loan repayment breaks from those in … Business • 22 Jun 20
Permanent TSB keeping mortgage rates under review The chief executive of Permanent TSB has said the bank is keeping its mortgage pricing under constant review, but made no commitment on reducing rates … Business • 26 Feb 20
Banks should apply individual rulings to cohorts - FSPO The Financial Services and Pensions Ombudsman (FSPO) has said he would like to see his decisions in individual cases applied by banks and insurance companies … Business • 06 Feb 20
Jeremy Masding to step down as CEO of Permanent TSB Permanent TSB has announced that its chief executive, Jeremy Masding, will step down next year after eight years in the role. Business • 25 Oct 19
Permanent TSB sells NPL portfolio to Lone Star's Start Permanent TSB has agreed to sell another portfolio of non-performing loans to retail credit firm Start Mortgages, in co-operation with LSF Irish Holdings. Business • 12 Sep 19
Permanent TSB fined €21m for tracker mortgage failures Permanent TSB has been fined €21m by the Central Bank in respect of "serious failings" which affected 2,007 of its tracker mortgage customer accounts. Business • 30 May 19
PTSB boss says a merger is not at the top of his agenda The chief executive of Permanent TSB (PTSB) has said a possible tie-up between the bank and another financial institution is not at the top of … Business • 14 May 19
Advisor expresses concern about bank pay restrictions A leading global corporate governance advisory firm has said it remains concerned that executive pay at Permanent TSB (PTSB) and Bank of Ireland remains solely … Business • 13 May 19
Permanent TSB CEO defends changes to 'legacy' accounts The chief executive of Permanent TSB has defended changes the bank has made to charges on old current accounts. Business • 09 Apr 19
PTSB posts 'transformational' year, FBD profits stable Permanent TBS's CEO Jeremy Masding and FBD Holdings' CEO Fiona Muldoon give their assessments of their firms' results for 2018. Business • 27 Feb 19
Permanent TSB profits up 45% on increased market share Permanent TSB has reported a 45% jump in pre-tax profits, before exceptionals, for 2018 as its total new lending volumes increased by over 40%. Business • 27 Feb 19
Project Glas sale 'least worst alternative' - Masding The chief executive of Permanent TSB has told the Oireachtas Finance Committee that loan sales are a legitimate tool for banks to use to reduce … Business • 11 Oct 18
PTSB says bank isn't putting profits ahead of customers Pre-tax profit at Permanent TSB jumped by a third to €57m for the first six months of the year, when compared with the same period … Business • 29 Aug 18
PTSB warns of need to deal with non-performing loans Banks need to move quickly to deal with the high percentage of non-performing loans on their books in order to protect the banking system and … Business • 14 Jun 18
Permanent TSB pulls 4,300 split mortgages from sale Permanent TSB has decided to withdraw about €0.9 billion worth of split mortgages from its proposed sale of non-performing loans. Business • 16 May 18
PTSB accused of 'throwing its customers to the wolves' The chief executive of Permanent TSB has said it will "simply not be possible" to meet European Central Bank targets to reduce the level of … Business • 22 Mar 18
Permanent TSB says no choice on vulture loan sales Permanent TSB has reported a profit of €40m for 2017, the bank's first profit since the financial crisis, but said it had no choice on … Business • 14 Mar 18
PTSB CEO on the lender's approach to bad loans Permanent TSB has reported a profit of €53m for the first half of the year, before exceptional items and tax is taken into account. Business • 26 Jul 17
Permanent TSB reports after-tax loss of €266m for 2016 Permanent TSB has reported an after-tax loss of €266m for 2016 after €414m of exceptional items - relating to deleveraging and restructuring - are taken … Business • 08 Mar 17
PTSB completes sale of UK loan book to Cerberus Permanent TSB has agreed the sale of its remaining loan book in the UK to an affiliate of Cerberus Capital Management. Business • 18 Nov 16
Permanent TSB sees spike in mortgage applications Permanent TSB said it has seen mortgage applications spike in recent months, weeks after its results for last year showed it was lagging rivals in … Business • 20 Apr 16
PTSB returns to profit, but mortgages disappoint Shares in Permanent TSB fell today after the bank's first annual profit since 2007 was marred by a lack of writeback provisions and disappointment in … Business • 09 Mar 16
PTSB reports loss of €48m, plans to raise €525m Permanent TSB has reported a pre-tax loss of €48m for 2014, a significant improvement on the €668m loss for the previous year. Business • 11 Mar 15
Permanent TSB may raise up to €400m in share sale Permanent TSB Group Holdings is considering raising as much as €400m in a share sale, according to a person with knowledge of the matter. Business • 19 Dec 14
