Ulster Bank holds €3.1bn of negative equity loans

Ulster Bank holds €3.1bn of negative equity loans -> independent.ie/business/iris … 73123.html

My poor boggled mind boggles some more.

Not entirely convinced that this is the full picture. There is also the matter of First Active’s residential lending -First Active which now exists as a single ‘hatch’ within Ulster Bank branches. No reason to believe that Ulster Bank, any more than any of the other ‘families’ are telling the truth even now.