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#Jeremy Masding

# jeremy-masding - Tuesday 9 April, 2019

PTSB boss says it has 500 vacant properties on its books
# Housing Crisis
# Housing Crisis

PTSB boss says it has 500 vacant properties on its books

Apr 9th 2019, 7:33 PM 23,904 Views 14 Comments

Fianna Fáil’s Michael McGrath described the figure as ‘extraordinarily high’.

# jeremy-masding - Thursday 29 November, 2018

PTSB transfers thousands more of its customers to vulture fund servicer
# Sold
# Sold

PTSB transfers thousands more of its customers to vulture fund servicer

Nov 29th 2018, 5:08 PM 39,358 Views 81 Comments

Many of the mortgage-holders sold today had engaged with the bank and reached arrangements.

# jeremy-masding - Tuesday 31 July, 2018

PTSB sells thousands of home loan mortgages to vulture fund
# Sell Off
# Sell Off

PTSB sells thousands of home loan mortgages to vulture fund

Jul 31st 2018, 8:10 PM 39,629 Views 136 Comments

A total of 7,400 are owner-occupier mortgages, while 3,300 are buy-to-let properties.

# jeremy-masding - Saturday 24 February, 2018

PTSB chief refuses to appear before Finance Committee next week over loan sale
# Vulture Funds
# Vulture Funds

PTSB chief refuses to appear before Finance Committee next week over loan sale

Feb 24th 2018, 7:35 AM 16,962 Views 58 Comments

The bank recently announced it is to sell off a €3.7 billion portfolio of non-performing loans, including mortgages 14,000 private dwelling homes.

# jeremy-masding - Sunday 27 November, 2016

'The rage inside me was getting stronger': Ireland's top bankers face grilling on mortgages and repossessions
# Bankers
# Bankers

'The rage inside me was getting stronger': Ireland's top bankers face grilling on mortgages and repossessions

Nov 27th 2016, 7:00 AM 17,915 Views 32 Comments

Three of Ireland’s top bankers were before an Oireachtas committee to talk about the state of Irish banking system.

# jeremy-masding - Wednesday 29 July, 2015

Take a look at a note the under-pressure PTSB boss made for himself
# Mortgages
# Mortgages

Take a look at a note the under-pressure PTSB boss made for himself

Jul 29th 2015, 9:29 AM 29,316 Views 37 Comments

Jeremy Masding faced a grilling yesterday.

Permanent TSB boss: 'I'm sorry, but we inherited these problems'
# Mortgages
# Mortgages

Permanent TSB boss: 'I'm sorry, but we inherited these problems'

Jul 29th 2015, 8:56 AM 11,410 Views 28 Comments

Jeremy Masding said the bank’s problems stem to before he took the reins.

# jeremy-masding - Tuesday 28 July, 2015

'We are truly sorry': PTSB says 22 people lost homes because of its mistakes
# In Arrears
# In Arrears

'We are truly sorry': PTSB says 22 people lost homes because of its mistakes

Jul 28th 2015, 10:35 PM 50,378 Views 85 Comments

The admission comes as the company turned its first profit on its core business in eight years.

# jeremy-masding - Tuesday 14 April, 2015

Permanent TSB won't cut rates on mortgages - it wants to boost profits from them instead
# Cash Machine
# Cash Machine

Permanent TSB won't cut rates on mortgages - it wants to boost profits from them instead

Apr 14th 2015, 3:30 PM 16,340 Views 43 Comments

The bank is about to go on a fundraising drive.

# jeremy-masding - Wednesday 12 November, 2014

Permanent TSB should turn a profit sooner - but don't expect cheaper mortgages
# Back In Black
# Back In Black

Permanent TSB should turn a profit sooner - but don't expect cheaper mortgages

Nov 12th 2014, 6:28 PM 8,103 Views 12 Comments

The bank’s boss said its lending costs were still higher than those of bigger competitors.

# jeremy-masding - Wednesday 9 April, 2014

Up to one in five PTSB customers in mortgage arrears are not engaging with the bank
# Debt
# Debt

Up to one in five PTSB customers in mortgage arrears are not engaging with the bank

Apr 9th 2014, 11:32 AM 6,720 Views 21 Comments

Officials from Permanent TSB told the Oireachtas finance committee that 85 per cent of customers offered a split-mortgage had agreed to the deal.

# jeremy-masding - Wednesday 26 March, 2014

Losses down but still no profitability at Permanent TSB
# Financial Results
# Financial Results

Losses down but still no profitability at Permanent TSB

Mar 26th 2014, 12:57 PM 5,200 Views 20 Comments

The bank says the next step is to exit state ownership.

# jeremy-masding - Friday 6 September, 2013

PTSB is "not aware" of letters advising people in minimal arrears to sell their homes
# Debt Crisis
# Debt Crisis

PTSB is "not aware" of letters advising people in minimal arrears to sell their homes

Sep 6th 2013, 6:30 AM 8,380 Views 38 Comments

Sinn Féin’s Pearse Dohery says that he has met with a family who were advised to clear arrears of €300 by selling their home, something the PTSB CEO says he is “not aware” of.

# jeremy-masding - Thursday 5 September, 2013

PTSB says it would “stand over” advising customer to leave college in order to pay mortgage
# Debt Crisis
# Debt Crisis

PTSB says it would “stand over” advising customer to leave college in order to pay mortgage

Sep 5th 2013, 10:56 PM 13,015 Views 74 Comments

Stephen Donnelly says that the bank’s response was “deeply disappointing” and says that the crisis is not one of arrears, it is one of debt.

"Too early" to make a call on the future of PTSB - bank CEO
# Here Permanently?
# Here Permanently?

"Too early" to make a call on the future of PTSB - bank CEO

Sep 5th 2013, 12:40 PM 6,109 Views 25 Comments

Jeremy Masding says he is confident that the bank has a future and says that 2,200 staff are working hard to compete in Ireland.

You're next: Permanent TSB boss faces grilling at Oireachtas
# Firing Line
# Firing Line

You're next: Permanent TSB boss faces grilling at Oireachtas

Sep 5th 2013, 6:50 AM 3,834 Views 23 Comments

Bank of Ireland, AIB and Ulster Bank chiefs have all been questioned over the past few days – and now it’s the turn of PTSB.

# jeremy-masding - Thursday 29 August, 2013

TDs and Senators coming back next week to grill bankers over mortgage arrears
# Summer Is Over
# Summer Is Over

TDs and Senators coming back next week to grill bankers over mortgage arrears

Aug 29th 2013, 5:25 PM 4,216 Views 37 Comments

TDs and Senators on the Oireachtas Finance Committee will grill the heads of the main Irish banks next week.

# jeremy-masding - Tuesday 26 March, 2013

Permanent TSB records €922 million loss for 2012
# Permanent TSB
# Permanent TSB

Permanent TSB records €922 million loss for 2012

Mar 26th 2013, 2:49 PM 7,620 Views 40 Comments

There’s some good news, though: losses on loan write-offs are down by over half a billion euro when compared to 2011.

# jeremy-masding - Wednesday 14 November, 2012

Noonan hasn't asked Permanent TSB staff on over €200k to take pay cut
# Permanent TSB
# Permanent TSB

Noonan hasn't asked Permanent TSB staff on over €200k to take pay cut

Nov 14th 2012, 1:35 PM 5,193 Views 37 Comments

The finance minister says his department is reviewing bankers’ pay, but he hasn’t asked staff to waive parts of high salaries.

# jeremy-masding - Wednesday 29 August, 2012

"No surprise" as PTSB reveals €566 million loss for half year
# Results
# Results

"No surprise" as PTSB reveals €566 million loss for half year

Aug 29th 2012, 11:21 AM 2,928 Views 12 Comments

The figures highlight the challenge ahead, according to new CEO Jeremy Masding.

# jeremy-masding - Tuesday 1 May, 2012

Good news for mortgage customers: PTSB to cut interest rate
# Mortgages
# Mortgages

Good news for mortgage customers: PTSB to cut interest rate

May 1st 2012, 1:15 PM 3,347 Views 15 Comments

The bank announced this afternoon it is cutting its interest rate to move closer in line with competitors.

# jeremy-masding - Monday 16 January, 2012

Former Barclays banker to take over as CEO of Permanent TSB
# Permanent TSB
# Permanent TSB

Former Barclays banker to take over as CEO of Permanent TSB

Jan 16th 2012, 3:45 PM 2,446 Views 3 Comments

Jeremy Masding will take up his new role in February.