John Walsh: The departure of two systemically important banks shows regulation has gone too far | Business Post

Ulster Bank will exit the Republic Ireland market later this year, further reducing choice for both business and personal customers

The decision-making process in Ireland is usually paralysed by often needless scrutiny, yet two systemically important banks are about to leave the Irish market and their departure has barely registered with government or opposition politicians. There has been none of the usual hand-wringing that accompanies the loss of jobs and investment.

At the start of 2021, there were five retail banks servicing the Irish market. By the end of the year KBC and Ulster Bank...

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Highest civil service post only open to those in the sector | Business PostThe government will not seek applications from the private sector to succeed top mandarin Martin Fraser when he leaves the job later this year obraonain In other words: You have had to pass all the filters that ensure that you are a 100% entitled and useless bureaucrat.
Source: businessposthq - 🏆 8. / 71 Read more »