Ulster Bank may join foreign flight from Irish losses
Ulster Bank's plan to change its status from an Irish-regulated bank to a British-regulated bank would represent an historic shift in focus, writes Jon Ihle.
Ulster Bank's plan to change its status from an Irish-regulated bank to a British-regulated bank would be an historic shift in focus, and dramatically change the nature of its relationship to the Irish market.
As one of the oldest banks in the country - it was founded in 1836 - Ulster Bank has always regarded itself as an Irish bank. This is why it retained its brand identity even after being acquired by NatWest in 1917.
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