Ulster Bank set to exit Irish market after more than 160 years Goldman Sachs engaged with number of parties interested in elements of loan book
Wed, Feb 17, 2021, 09:05 Updated: Wed, Feb 17, 2021, 21:52
An announcement is scheduled to be made on Friday morning as the UK group reports annual results. File photograph: Nick Bradshaw
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The board of NatWest is set to decide on Thursday evening on a proposal to wind down Ulster Bank in the Republic after more than 160 years in the market, setting the stage for a likely break-up of the lender’s €20.5 billion loan book, according to sources.