Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector in Ireland (Resumed): Ulster Bank

2:00 pm

Mr. Jim Brown:

I cannot recall a specific example such as the one the Deputy mentioned. We have written down transactions and converted debt to equity several times, and this has been widely reported in the market.

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