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Oct 16 2020, 08:25 IST/BST
Ratings and price correct at time of issue
Company | Rating | Date | Previous Rating | Date | Closing Price |
---|---|---|---|---|---|
AIB Group | OUTPERFORM | 23/01/19 | Neutral | 14/08/18 | 95.6c |
Bank of Ireland | OUTPERFORM | 11/03/13 | Neutral | 14/08/12 | 187c |
permanent tsb Group | NEUTRAL | 06/03/19 | Outperform | 01/08/18 | 47.5c |
The review of Ulster Bank Ireland by NatWest remains ongoing with continued speculation regarding its conclusion. Ulster Bank Ireland remains significantly overcapitalised from a CET 1 perspective, and we would expect unlocking this is a priority for NatWest. The sale of the entire portfolio to an investment fund would accelerate a wind-down but would also incur significant costs to close the remainder of the bank.
Oct 16 2020, 08:25 IST/BST