RBS Fails Bank Of England Stress Tests Again - ValueWalk
The Bank of England has published it’ annual stress test results for the UK’s largest banks today. The results basically confirm what most investors already know; after years of capital raisings, cost cutting and regulation, most banks are well positioned to weather and financial storm, although RBS is still a basket case.
RBS Fails BoE Stress Tests Again
RBS’s common equity Tier 1 capital ratio plunged by ten percentage points in the BoE’s stressed scenario to 5.5% before management actions to conserve financial buffers. Each percentage point in RBS’s CET1 ratio is equivalent to about £750 million of capital, meaning the bank was almost £2 billion short of its...
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