Potential buyers lack clarity on a crucial decision due from Central Bank
PTSB chief financial officer Barry D’Arcy and chief executive Eamonn Crowley
It seems a bit mad to write about a rushed sale of PTSB almost 15 years after it was bailed out. Even so, PTSB’s announcement that it has hired Goldman Sachs to stick a For Sale sign on the bank feels worryingly hurried.
That may be bad for the price and potentially even worse for the wider economy.
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