Britain has not asked Ireland to takeover Ulster Bank - Noonan

The British government has not approached Ireland about taking over Ulster Bank, finance minister Michael Noonan said this afternoon.

4th June, 2013
Ulster Bank's Dublin headquarters.

The British government has not approached Ireland about taking over Ulster Bank, finance minister Michael Noonan said this afternoon.

Earlier today, the BBC reported that Britain’s Treasury is considering trying to persuade the Irish government to take control of the bank.

According to a draft report by the Parliamentary Commission on Banking Standards, which is considering the future of Ulster Bank parent Royal Bank of Scotland, one option under consideration is to transfer...

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