PTSB poaches senior banking official from Department of Finance

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 29 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 98%

Ptsb Nachrichten

Department-Of-Finance

Former banking analyst Scott Rankin said to be on gardening leave but expected to join bank, which is 57% State-owned

PTSB has hired department of finance official Scott Rankin as its head of investor relations. Photograph: Alan Betson / The Irish TimesIn late 2009, Mr Rankin, a former banking analyst, became the first private sector employee to join the department to help officials deal with the fast-developing banking crisis. He was officially employed by the National Treasury Management Agency and was on secondment to the department.

During Mr Rankin’s initial years at the department, he advised on various EU State-aid restructuring plans for bailed-out banks, becoming a banking adviser on the Irish negotiation team with officials from the International Monetary Fund and EU on the State’s 2010 bailout. He also represented the State in recapitalisation talks with Bank of Ireland, AIB and PTSB, which was then known as Irish Life & Permanent.

Mr Rankin joins PTSB at a time when it is seeking to convince regulators to allow it to reduce the implied riskiness of its mortgage book.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 3. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Irish Nationwide inquiry makes findings against former finance director PurcellJohn Stanley Purcell is the final individual subject to inquiry among five senior INBS figures originally put forward for investigation in 2015
Herkunft: IrishTimes - 🏆 3. / 98 Weiterlesen »

State will require €20bn in development finance to meet higher housebuilding targetsDepartment of Finance report says biggest stumbling block to future housing development was uncertainty around planning
Herkunft: IrishTimes - 🏆 3. / 98 Weiterlesen »