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Rory Cullinan appointed to run RBS’ £38bn internal bad bank
RBS has appointed Rory Cullinan, the bank’s non-core chief executive, to head up the newly-created internal bad bank, RBS Capital Resolution (RCR). The new division will include RBS Capital Resolution...
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Kennedy Wilson buys Ulster Bank’s Elliott loan and Marshes Shopping Centre...
Kennedy Wilson Europe Real Estate (KWERE) is to acquire Ulster Bank’s Elliott loan portfolio, secured by a 13 properties in Ireland, and separately the Marshes Shopping Centre in Dundalk for a combined...
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RBS sells Project Coney to Sankaty Advisors and Project Rathlin to Cerberus
Royal Bank of Scotland has sold two further non-performing loan portfolios secured against commercial properties in the Republic of Ireland and the bank’s final clean-up trade of Northern Irish assets....
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