Ulster is well placed to rattle AIB and BoI

Ulster is well placed to rattle AIB and BoI
Ulster Bank under pressure to cut NPL level

Ulster Bank has had plenty of turbulence in recent years, but Jane Howard might just be taking over at exactly the right time

The sale of three loan portfolios by Permanent TSB, KBC Bank and Ulster Bank has proceeded far more easily than many of the banks might have feared when they embarked on the process of disposing of unwanted mortgage loans earlier this year.

For all of the fire and fury surrounding the sales, all three went off without a hitch and, according to bankers I’ve spoken to, the level of demand was pretty healthy, even with...

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