RBS Says It Is One of the Most ‘Strongly Capitalized’ Banks
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Royal Bank of Scotland Group Plc said it is one of the most strongly capitalized banks in Europe following a newspaper report saying it might need extra capital after a new round of European Union stress tests.
“The design of any new application of the EU stress tests is completely up in the air,” RBS said in an e-mailed statement following the story in the Financial Times. “Any analysis of how any bank will be affected is nothing more than speculation.”