Ulster Bank is expected to announce today that it is exiting the Irish market, after 160 years.
Parent company NatWest met last night to consider a proposal to wind down the Irish operation.
An official announcement is expected to be made today, and 2,800 jobs are in jeopardy.
Ulster Bank has a 15 per cent share of the mortgage market here, but UCC economics lecturer Seamus Coffey expects that to end.
- Thu, 18 Apr 2024
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