BOE to Reveal U.K. Banks’ Capital Holes in Transparency Test

BOE to Reveal U.K. Banks’ Capital Holes in Transparency Test

Chris Ratcliffe/Bloomberg

The central bank, whose Prudential Regulation Authority unit took over as the U.K.’s banking supervisor from the Financial Services Authority, outlined potential losses for banks of 52 billion pounds in March, demanding they raise 25 billion pounds of extra capital by the end of 2013 to strengthen their balance sheets.