Ulster Bank Fined $4.4M For 2012 System Crash

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(Reuters) – Royal Bank of Scotland’s Irish unit, Ulster Bank, was fined 3.5 million euros (2.7 million pounds) by Ireland’s Central Bank on Wednesday for a system crash that deprived customers of basic banking services for almost a month. The 2012 computer systems fiasco – which also led to online banking and payment problems for millions…

Ulster Bank Fined $4.4M For 2012 System Crash

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