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
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