Margaret Ritchie
Shadow SDLP Spokesperson (Environment, Food and Rural Affairs), Shadow SDLP Spokesperson (Energy and Climate Change)
To ask the Chancellor of the Exchequer what recent discussions he has had with representatives of the Royal Bank of Scotland on the future of Ulster Bank.
Sajid Javid
The Economic Secretary to the Treasury
The Treasury is investigating the case for creating a so-called 'bad bank' of risky RBS assets. As part of this, HM Treasury is working closely with RBS to review the case for transferring assets out of RBS—including Ulster Bank assets—and into a new bad bank.
The Chancellor, on behalf of the Government, has met representatives of RBS including its chairman and chief executive to discuss various issues relating to RBS.
Does this answer the above question?
Yes0 people think so
No0 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.