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    Newbridge Credit Union / RSA

    Newbridge Credit Union / RSA

    It has been a busy weekend in the financial sector. Last night the Central Bank granted permission to force one of the largest credit unions in the State to be taken over by a bank. The savings and loans of Newbridge Credit Union will be taken over by Permanent TSB, as the High forced the its effective winding up. Elsewhere, three senior executives at insurance company RSA Ireland have been suspended after a black hole of €83m was discovered in the accounts of the group's operation here.  Sean was joined by Charlie Weston of the Irish Independent.


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