Ulster Bank’s future hanging in the balance
It’s business as usual at the country’s third largest bank for now, but no one really knows whether NatWest Group will keep it open here - and customers are getting worried
It took until the very last question at the end of a 40-minute interview for Alison Rose, the chief executive of NatWest Group, to mention Ulster Bank, the lender’s Irish subsidiary.
Speaking via video link at a Bank of America Merill Lynch conference, Rose discussed everything from negative interest rates to cost-cutting before the conference moderator asked her to comment on the speculation that NatWest was hatching plans to close down its operations in the ...