Property Market
 
Property Market

19/10: RBS to review future of €2bn Ulster Bank

Last week, incoming RBS chief executive Stephen Hester said that asset sales could be part of a strategic review. He added that there would be no "sacred cows".

It is understood that divisional heads will meet with Hester in Edinburgh, when he officially takes the helm of the bank in the coming weeks, replacing Fred 'the Shred' Goodwin who is resigning.

"It is clear we have already identified a number of areas in the balance sheet and businesses where we want to shrink," Hester told an analysts' conference call last week.

Continue reading from source:  Independent.ie


 


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