Stock take: market week

21st December, 2014

Royal Bank of Scotland Group, owner of Ulster Bank, agreed to sell Irish property loans at a discount to a unit of Cerberus for as much £1.1 billion. The loans have a face value of about £4.8 billion, RBS said in a statement.

“The scale of the deal serves as a reminder of the healthy appetite for Irish loan assets at this time. We expect to see further material disposals of Irish loan assets and...

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