Major changes are coming at troubled Ulster Bank. The institution, owned by Royal Bank of Scotland Group plc (NYSE:RBS) (LON:RBS), has been losing money hand over fist since the banking crisis first erupted in Ireland in 2008. Operating losses rose to £1.457 billion last year from £1.040 in 2012.
It’s well known that the Royal Bank of Scotland Group plc (NYSE:RBS) (LON:RBS) has set up an internal team to deal with the problem of the ailing bank, and it has now been...
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