UK state-controlled Royal Bank of Scotland has commissioned investment bank Morgan Stanley to advise it on potential merger opportunities for its Irish unit, Ulster Bank, the business's chief executive ...
THE main staff union at Ulster Bank has sought a meeting with management over plans top cut 1,000 staff and shut branches. While those numbers have previously been outlined by the bank, the Irish Bank Officials Association (IBOA) said ... FULL ARTICLE AT The Irish Independent
Moody’s cut R.B.S.’s rating a notch on Thursday in light of the potential difficulties of the British lender’s turnaround plan. The bank reported an £8.2 billion annual loss in 2013 and said it could ... FULL ARTICLE AT International Herald Tribune
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The Royal Bank of Scotland plc (Scottish Gaelic: Banca Rìoghail na h-Alba) is one of the retail banking subsidiaries of the Royal Bank of Scotland Group plc, and together with NatWest and Ulster Bank, provides branch banking facilities in the United Kingdom. Royal Bank of Scotland has around 700 branches, mainly in Scotland though there are branches in many larger towns and cities throughout... Full
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