Minister to meet Ulster Bank later over ‘worrying’ review of operations

 

Finance Minister Paschal Donohoe will meet with the heads of Ulster Bank later to discuss an ongoing review of its Irish operations.
Last month the bank’s owner, NatWest, confirmed a ‘strategic review’ is underway in the Republic, following reports it’s considering winding down.
Ulster Bank employs 3,000 people on the island of Ireland – 2,400 in the Republic.
General Secretary with the Financial Services Union, John O’Connell, says the lack of clarity on the situation’s worrying:

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