RBS must raise £2bn after failing stress tests
Three banks show signs of “capital inadequacies” in the latest round of tests, with RBS forced to review its capital plan; Carney says global and domestic risk remains “elevated”, prompting the FPC to leave the buffer unchanged
The Royal Bank of Scotland has published a revised capital plan today (November 30) after it emerged as the worst performer in the latest round of stress tests conducted by the Bank of England.
Two other banks – Barclays and Standard Chartered – also showed signs of weakness, in what some observers say are the toughest stress tests ever set by the central bank, but were judged to have sufficient capital plans in place. The four remaining lenders – HSBC, Lloyds Banking Group, the UK arm of
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