Danske Bank plans to sell off remaining parts of its Irish business

Danske Bank is planning to sell off the remaining parts of its Irish business, raising concerns that vulture bonds may scoop up the unsecured debts of thousands of borrowers.

Danske Bank is selling the remaining parts of its Irish business, sparking fears vulture funds will scoop up the unsecured debts of thousands of borrowers.

The sale will see debts such as credit card bills, overdrafts and other unsecured loans packaged up and offloaded by the bank.