UK bank tells regulator of ‘remediation’ plans to explore Ulster Bank customers’ allegations
NatWest has strongly denied any claims of wrongdoing on the fixed rate loans.
Those customers were later forced into NatWest’s Global Restructuring Group, a division that has been heavily criticised by regulators and an independent review found “widespread and systemic” problems. Ulster Bank appeared to have used some “interesting financial arrangements and practices which should have been examined”, Paisley said.
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