Royal Bank of Scotland could sell Ulster Bank as early as next year
Banking chiefs to revisit options for Irish consumer division
Britain’s largest taxpayer-owned lender, Royal Bank of Scotland Group, will revisit whether to sell its Irish Ulster Bank division as early as next year, sources have revealed.
It is understood its chief executive Ross McEwan plans to look at options for the Irish consumer division within the next two years.
Spokeswoman for RBS in Edinburgh, Linda Harper, said by e-mail that the bank’s strategy for Ulster Bank "remains unchanged".
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