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RBS made error in stress-test calculation

UK bank made a mistake in calculating its capital base for last month’s stress test

Royal Bank of Scotland on Friday said it made a mistake in calculating its capital base for last month’s European stress test results.

RBS's full-year 2016 capital ratio under the European Banking Authority's "Adverse Scenario" is 5.7% versus 6.7% previously reported-meaning the bank just hurdled the minimum 5.5% pass rate.

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