NatWest to take even greater control of Ulster Bank’s operations in North
Lender says there will be no changes to day-to-day banking at Ulster Bank as separate strategic review of its presence in Republic unlikely to be completed for some time
NatWest Group has moved to take even greater control of Ulster Bank’s Northern Ireland operations.
The British bank has applied to the High Court in Belfast to transfer Ulster’s business in the North to its main National Westminster Bank subsidiary. NatWest said the move, begun in the courts last week, is to streamline the way it conducts business in Northern Ireland.
“This proposed transfer will help to simplify the governance processes...
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