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Royal Bank of Scotland fails stress test: BoE

Zee News Wednesday, 30 November 2016 ()
The Royal Bank of Scotland is the worst prepared among Britain's lenders for another financial crisis, the Bank of England said today, forcing the state- rescued lender into a new capital-raising plan.
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Source: Bloomberg Global Business - < > Embed

News video: BOE Stress Tests Prove Too Much for RBS

BOE Stress Tests Prove Too Much for RBS 04:11

Nov.30 -- Royal Bank of Scotland Group Plc was forced to bolster its capital plan after failing multiple hurdles in the Bank of England’s toughest-ever stress test, undermining Chief Executive Officer Ross McEwan’s progress at the majority taxpayer-owned lender. Some “capital inadequacies”...

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