Investment Banking

RBS must add $2.5bn in capital after failing stress test

Barclays and Standard Chartered also stumble in annual Bank of England health check

RBS must add $2.5bn in capital after failing stress test
Photo: iStockPhoto

Royal Bank of Scotland must add around £2 billion ($2.5 billion) in capital after failing a Bank of England stress test, sending its shares down 4%.

The annual health checks also exposed weaknesses at two other banks, Barclays and Standard Chartered, but neither bank needs to change its capital plans.

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