+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

RBS and Standard Chartered came close to failing a big stress test

Dec 1, 2015, 12:54 IST

REUTERS/Marcelo del Pozo

Royal Bank of Scotland and Standard Charted almost failed the Bank of England's 2015 stress tests.

Advertisement

Despite missing targets, the two banks had just enough emergency capital after being run through a hypothetical economic collapse by the UK's banking regulator.

The Prudential Regulation Authority, a unit of the Bank of England, said the banks won't have to ask investors for more money because they have plans to raise more capital are already underway.

NOW WATCH: What you need to know before going into business with family

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article