RBS and Standard Chartered 'weakest' links in Bank of England stress tests

For the second year, the central bank has subjected the lenders to a scenario of economic stress to test whether they would survive. It was assumed oil fell to $38 a barrel and the global economy slumped. Out of the seven banks tested, RBS and Standard Chartered were found not to have enough capital strength, according to the BBC. But both took steps to raise capital, so were not told to come up with a new plan, as Co-Operative Bank were last year. All of the seven banks were told they will have to set aside capital to protect their UK exposures as part of a new measure the bank is...