UK banks capable of surviving a “no-deal” Brexit
However, a no-deal situation could leave the UK economy worse off than the 2008 recession.
stress test
Stress is less for banks after Bank of England test
It’s been a good year for banks as in a first since the launch in 2014, the (BoE) reveals that no bank needed to strengthen its capital position as a result of its latest stress test.
Top fintech stories this week – 2 December 2016
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
RBS fails Bank of England stress test
Royal Bank of Scotland (RBS) has failed a Bank of England (BoE) stress test on how it would cope with another financial crisis. Two other banks – Barclays and Standard Chartered – also failed on some measures but do not have to submit revised capital raising plans. The tests were put in place by BoE […]
