British banks Barclays, Lloyds shock in EU health check - Dealers Care

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Saturday, 3 November 2018

British banks Barclays, Lloyds shock in EU health check

By Huw Jones and Lawrence White LONDON (Reuters) - Britain's Barclays and Lloyds were the surprise laggards in a European Union "stress test", alongside Italian lender Banco BPM , which was more widely expected to struggle in the health check. The EU's banking watchdog published results for 48 banks on Friday in its toughest test since 2009, when it began the exercise to identify capital holes and avoid any repeat of the government bailouts triggered by the 2008 financial crisis

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