trending Market Intelligence /marketintelligence/en/news-insights/trending/tvrxqwcdd8uxudrvychuzg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Report: Ulster Bank to consider Irish targets once its on solid footing, says RBS CEO

Streaming Media Devices Feel The Squeeze In Q3'19

AT&T To Use Wireless Subs To Create Buzz For HBO

Municipal CUSIP Requests On Pace For Record Year, Thanks To October Issuance Surge

Creating an Efficient Enterprise Wide Credit Risk Management System for a Leading Energy Company


Report: Ulster Bank to consider Irish targets once its on solid footing, says RBS CEO

Royal Bank ofScotland Group Plc's Ulster Bank Ltd. would be allowed to pursue potentialacquisitions in Ireland, if the unit cleans up its own business first over thenext 12 months, The Irish Independent reportedOct. 6, citing RBS CEO Ross McEwan.

McEwan told the news source that he would like to grow thebank's business in Ireland, but not at all costs. He noted that the plan is tocreate long-term value for shareholders.

"I've said to the team here … once you've proved to methat you've got a really good bank running here again, I'm happy to look atassets that may fit," McEwan reportedly said.

Permanent TSBGroup Holdings Plc and KBC Group NV's KBC Bank Ireland Plc could be Ulster Bank's potentialtargets, with a decision on the future of KBC's Irish unit to come later in2016, according to the report.

Ulster Bank Ltd. operates in the Republic of Ireland asUlster Bank IrelandDAC.

Meanwhile, McEwan also said that RBS has been working withU.S. officials to settle MBS issues in the U.S. The lender's will $120 million to the U.S.state of Connecticut to resolve an investigation into its underwriting of RMBSin the run-up to the 2008 financial crisis.