Tough tests for struggling UK banks

The health of UK banks is being tested against their ability to withstand the worst recession since the Second World War, the City watchdog said today.

Tough tests for struggling UK banks
Thu, 28 May, 2009 - 09:37

The health of UK banks is being tested against their ability to withstand the worst recession since the Second World War, the City watchdog said today.

The Financial Services Authority (FSA) has published details of the gloomy scenarios used to assess the vulnerability of banks’ loan books and capital strength.

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CourtsBusinessHeathrowPlace: UKEvent: Second World WarOrganisation: City watchdogOrganisation: Financial Services AuthorityOrganisation: FSAOrganisation: UKOrganisation: Royal Bank of ScotlandOrganisation: Lloyds Banking GroupOrganisation: Dunfermline
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