'Unprecedented' review could spell end of Ulster Bank in Republic

An Ulster Bank branch in Dublin. Picture: Leah Farrell/Rollingnews.ie

A shock review that could result in the winding down of Ulster Bank in the Republic has been described as "unprecedented in Irish banking" by the head of the Financial Services Union.

FSU general secretary John O'Connell said that, if substantiated, any move by Ulster Bank's owner, the NatWest Group, should be opposed by the Irish Government.