So the British media have finally discovered Ulster Bank.
The lender is the third-largest bank in Ireland and a wholly-owned subsidiary of Royal Bank of Scotland, the global financial institution the British government rescued in a series of bail-outs totalling £45 billion (€52.9 billion). Ulster Bank got about one-third of that in successive recapitalisations as it booked huge losses, mostly on property loans.
Now the Times is shocked - shocked! - to report that Ulster...
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