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Royal Bank of Scotland fails UK stress test

Royal Bank of Scotland is still 73% govt owned after receiving an enormous bailout

Agence France-Presse 

The Royal Bank of Scotland is the worst prepared among Britain’s lenders for another financial crisis, the Bank of England said on Wednesday, forcing the state-rescued lender to raise more cash. The BoE, revealing its latest stress tests on Britain’s top seven banks, added that two — Barclays and Standard Chartered — also missed key hurdles but had taken steps to strengthen their capital positions. The stress tests, designed to see if the sector can weather a global recession and crashing house prices, found that four out of the seven top banks did ...

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Royal Bank of Scotland fails UK stress test

Royal Bank of Scotland is still 73% govt owned after receiving an enormous bailout

Royal Bank of Scotland is still 73% govt owned after receiving an enormous bailout The Royal Bank of Scotland is the worst prepared among Britain’s lenders for another financial crisis, the Bank of England said on Wednesday, forcing the state-rescued lender to raise more cash. The BoE, revealing its latest stress tests on Britain’s top seven banks, added that two — Barclays and Standard Chartered — also missed key hurdles but had taken steps to strengthen their capital positions. The stress tests, designed to see if the sector can weather a global recession and crashing house prices, found that four out of the seven top banks did ... image
Business Standard
177 22

Royal Bank of Scotland fails UK stress test

Royal Bank of Scotland is still 73% govt owned after receiving an enormous bailout

The Royal Bank of Scotland is the worst prepared among Britain’s lenders for another financial crisis, the Bank of England said on Wednesday, forcing the state-rescued lender to raise more cash. The BoE, revealing its latest stress tests on Britain’s top seven banks, added that two — Barclays and Standard Chartered — also missed key hurdles but had taken steps to strengthen their capital positions. The stress tests, designed to see if the sector can weather a global recession and crashing house prices, found that four out of the seven top banks did ...

image
Business Standard
177 22