A gamble forced upon them? A re-appraisal of Ulster Bank's operations in Southern Ireland 1921-32
Ulster Bank faced a unique set of circumstances following the Anglo-Irish Treaty of December 1921. Although headquartered in Belfast with a strongly Unionist ethos, Ulster Bank continued to operate its considerable branch network in Southern Ireland notwithstanding partition, civil war and significant economic dislocation. This historical analysis considers Ulster Bank's operations in the context of both the realities of operating in a Catholic-dominated Irish Free State and the relationship with its owner, London County & Westminster Bank. This research challenges the dominant opinion that the Belfast Boycott of 1920-22 had a significant impact on Ulster Bank's southern business. It also identifies that Ulster Bank was subject to a previously unidentified level of external oversight from Westminster Bank from the mid-1920s on. This oversight, on occasion, resulted in direct confrontation and compromised Ulster Bank's ability to operate independently in Southern Ireland.
Year of publication: |
2014
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Authors: | Drea, Eoin |
Published in: |
Business History. - Taylor & Francis Journals, ISSN 0007-6791. - Vol. 56.2014, 7, p. 1111-1128
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Publisher: |
Taylor & Francis Journals |
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