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Ulster Bank closing down for good in Ireland
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It always helps to have a bank that you know explain how things work.colsten said:As of now, the UK Government still owns Natwest Group. 62% is more than enough to have a say in the company's direction.
Although I don't think exports depend on having one or more of your banks operating in the country you export to.
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Simply dismantling what remains of Fred the Shreds empire that brought the bank to it's knees. Strengthens the UK operation in the process.IanManc said:
No, the disappearance of Ulster Bank in Ireland is the closure of a lossmaking subsidiary in a small banking market.Deleted_User said:
Oh I see, so the closure of Ulster bank could be a kind of middle finger to the EU or something?2 -
If it were, the EU would have a collective fit of laughter. Here's a preview of Merkel and Macron learning about it.[Deleted User] said:
Oh I see, so the closure of Ulster bank could be a kind of middle finger to the EU or something?colsten said:
As of now, the UK Government still owns Natwest Group. 62% is more than enough to have a say in the company's direction.[Deleted User] said:
What has it got to do with the government?brianposter said:I am a bit puzzled as to why the British government thinks that closing the branches of British banks will facilitate improving our exports to the wider world.
Although I don't think exports depend on having one or more of your banks operating in the country you export to.
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I don't get the point of the OP, it seem to suggest the goverement were somehow directing it for political reasons.colsten said:
If it were, the EU would have a collective fit of laughter. Here's a preview of Merkel and Macron learning about it.Deleted_User said:
Oh I see, so the closure of Ulster bank could be a kind of middle finger to the EU or something?colsten said:
As of now, the UK Government still owns Natwest Group. 62% is more than enough to have a say in the company's direction.Deleted_User said:
What has it got to do with the government?brianposter said:I am a bit puzzled as to why the British government thinks that closing the branches of British banks will facilitate improving our exports to the wider world.
Although I don't think exports depend on having one or more of your banks operating in the country you export to.
In regards to the EU pair, I wouldn't be laughing if I were them given the serious situation the EU is in..........0 -
Merkel will be gone soon.colsten said:
If it were, the EU would have a collective fit of laughter. Here's a preview of Merkel and Macron learning about it.[Deleted User] said:
Oh I see, so the closure of Ulster bank could be a kind of middle finger to the EU or something?colsten said:
As of now, the UK Government still owns Natwest Group. 62% is more than enough to have a say in the company's direction.[Deleted User] said:
What has it got to do with the government?brianposter said:I am a bit puzzled as to why the British government thinks that closing the branches of British banks will facilitate improving our exports to the wider world.
Although I don't think exports depend on having one or more of your banks operating in the country you export to.0 -
Hmh. Explain what, to whom, and why?brianposter said:
It always helps to have a bank that you know explain how things work.colsten said:As of now, the UK Government still owns Natwest Group. 62% is more than enough to have a say in the company's direction.
Although I don't think exports depend on having one or more of your banks operating in the country you export to.1 -
colsten said:
Hmh. Explain what, to whom, and why?brianposter said:
It always helps to have a bank that you know explain how things work.colsten said:As of now, the UK Government still owns Natwest Group. 62% is more than enough to have a say in the company's direction.
Although I don't think exports depend on having one or more of your banks operating in the country you export to.Do you know what a French Chamber of Commerce does and does not do ?Could you understand a Spanish credit report ?0 -
If I needed this explained, the very last people I would consult are bankers.brianposter said:colsten said:
Hmh. Explain what, to whom, and why?brianposter said:
It always helps to have a bank that you know explain how things work.colsten said:As of now, the UK Government still owns Natwest Group. 62% is more than enough to have a say in the company's direction.
Although I don't think exports depend on having one or more of your banks operating in the country you export to.Do you know what a French Chamber of Commerce does and does not do ?Could you understand a Spanish credit report ?0 -
For what purpose?brianposter said:colsten said:
Hmh. Explain what, to whom, and why?brianposter said:
It always helps to have a bank that you know explain how things work.colsten said:As of now, the UK Government still owns Natwest Group. 62% is more than enough to have a say in the company's direction.
Although I don't think exports depend on having one or more of your banks operating in the country you export to.Do you know what a French Chamber of Commerce does and does not do ?Could you understand a Spanish credit report ?0 -
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