Friday, November 21, 2014

R.B.S. Overstated Capital Ratio in European Stress Test by CHAD BRAY



By CHAD BRAY


The bank said that it did not properly recognize certain tax credits on theoretical losses as part of a stress test by the European Banking Authority, causing it to overstate its capital ratio in a potential financial crisis.


Published: November 21, 2014 at 12:00AM


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