PTSB and its advisers are on track to call on parties circling the bank to submit firm expressions of interest by the end of January, in order to determine whether to push the process into a binding bidding round, according to industry sources.
The sale of PTSB is set to step up a notch in January with the bank and its advisers on track to call on parties circling the bank to submit firm expressions of interest by the end of the month. Joe Brennan reports ... Joe Brennan reports. READ MORE ... .
The staff in branch offices of PTSB are unable to help him. How can he recover ownership? Now that PTSB is for sale, it seems a good time to discover what has happened to his shares.READ MORE.
PTSB and its group of unions, FSU, Mandate and Unite, have agreed a pay deal for 2026 ...Group of Unions, and we look forward to continuing this into the future," said PTSB Head of People, KarenHackett.
“On September 28th, I got a text about a suspicious transaction from my PTSB current account,” he begins. “Following a call with PTSB, my bank card was cancelled and a new one issued in the post.”.
The deal will see the Irish bank offload the loans, which have a gross balance sheet value of €76 million, to Mars as part of a consortium arrangement with Mars Capital and “certain funds managed or sub-advised by Apollo," PTSB said in a statement.
PTSB has agreed the sale of a second and final tranche of a non-performing loan portfolio to MarsCapital Finance IrelandDAC... PTSB said today's deal is not connected with its formal sale process announcement late last month.
Fears over PTSB job cuts and free bus fares in Dublin... But what caught the stock market off guard was news on Thursday morning that PTSB, in which Donohoe continues to hold a 57 per cent stake on taxpayers’ behalf, has put itself up for sale.