Oireachtas Joint and Select Committees
Thursday, 1 December 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland: Ulster Bank
9:30 am
Rose Conway Walsh (Sinn Fein)
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Following the stress tests, one is tempted to ask whether Ulster Bank is not going to be a cash cow for the RBS for the foreseeable future. Will the fact that the RBS failed the stress test lead to more dividend requests from this country? What confidence can Ulster Bank customers have today that, should RBS run into difficulty, Ulster Bank will not be sold off straight away for cash for RBS?