How did it come t o this?
The spectacular extent of the misadventures of Ulster Bank and Bank of Scotland (Ireland) became clear last week, as their parent companies wrote off a whopping stg£5 billion (€5.5 billion) between the min losses on Irish loans for 2009.
Royal Bank of Scotland (RBS), 84 per cent owned by the British government, shipped £2 billion in losses on loans originated by its Ulster Bank and (now defunct) First...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team