National City Brokers
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National City Brokers, or NCB is a stockbroking firm based in Dublin, Ireland. Founded by Dermot Desmond, NCB firmly established its reputation by sponsoring a yacht NCB Ireland in the 1989 Whitbread Round-the-world yacht race, now the Volvo Ocean Race. During the 1980s Ireland two biggest banks AIB and Bank of Ireland took interests in stockbroking firms, so it was no surprise when NCB was sold to Ulster Bank, then part of the National Westminster Bank. Once National Westminster were taken over by the Royal Bank of Scotland NCB was bought out by its management with the assistance of Sean Quinn .
The firm is noted for the quality of its research and its commentary on the Irish property market. NCB are currently (Nov. 2005) predicting that the Irish housing boom/bubble will continue for a further 15 years.
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