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RBS worst hit in Bank of England stress test


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RBS worst hit in Bank of England stress test

 

LONDON: -- RBS has missed key hurdles in a Bank of England stress test, forcing it to devise new plans in case of a financial crisis.

 

The toughest stress test yet measured the UK's seven biggest lenders against a global economic crash.

 

RBS performed the worst and was forced to draw up a new capital plan, which has been accepted. The bank said it had "agreed a revised capital plan... to improve its stress resilience".

 

Full story: http://www.bbc.com/news/business-38135133

 
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-- © Copyright BBC 2016-11-30
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