27 min
"A loss is a loss" - PTSB's Jeremy Masding Inside Business with Ciaran Hancock
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- Business
After posting a loss of €425 million today, Permanent TSB's share price has tanked, falling 10% by this afternoon. Chief Executive Jeremy Masding joins Ciarán to talk about the results, where the bank goes from here and how soon it can repay the state it's €2.7 billion bailout money in full. They also discuss how the bank handled the overcharging of tracker mortgage customers, some of whom lost their homes.
Hosted on Acast. See acast.com/privacy for more information.
After posting a loss of €425 million today, Permanent TSB's share price has tanked, falling 10% by this afternoon. Chief Executive Jeremy Masding joins Ciarán to talk about the results, where the bank goes from here and how soon it can repay the state it's €2.7 billion bailout money in full. They also discuss how the bank handled the overcharging of tracker mortgage customers, some of whom lost their homes.
Hosted on Acast. See acast.com/privacy for more information.
27 min