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Updated: 11 weeks 1 day ago

RBS planning to restructure Ulster Bank unit

Mon, 06/16/2014 - 14:28

The Royal Bank of Scotland has indicated that it is planning a restructuring of its Ulster Bank unit, a move that will allow the bank to sell some of the government's stake.

The Royal Bank of Scotland, which is owned by the state, is working to attract private equity into Ulster to boost its capital position before its business is merged with another Irish bank.

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