trending Market Intelligence /marketintelligence/en/news-insights/trending/j3_sd7auhjdf9bmbsyqb6g2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Permanent TSB CEO defends €3.7B bad-loan sale

Street Talk Episode 61 - Investors debate if U.S. banks have enough capital in post COVID world

You Down With PPP? Consider The Risks

Street Talk Episode 60 - You Down With PPP? Consider The Risks

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

Permanent TSB CEO defends €3.7B bad-loan sale

Permanent TSB Group Holdings Plc CEO Jeremy Masding has defended the Irish lender's plans to launch a €3.7 billion nonperforming loan portfolio sale, saying the bank needs to cut bad debt quickly for its own good and to support Ireland's economic development, the Irish Independent reported.

The sale of the portfolio, which is dubbed Project Glas and includes 14,000 owner-occupier mortgages, has prompted criticism over customer protection issues.

Masding said Irish legislation offers sufficiently robust protections to customers and argued that the Irish central bank governor has confirmed that when a loan is sold, the protections travel with it and that borrowers are safeguarded from risks, according to the report.