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European banks face pressure to boost funds

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Bloomberg Hamburg/ Stockholm
Last Updated : Jan 20 2013 | 2:22 AM IST

Deutsche Bank, Royal Bank of Scotland Group (RBS), Societe Generale and UniCredit may face pressure from investors to boost capital after scraping through Europe’s banking stress tests.

Deutsche Bank, Germany’s largest bank, had a core Tier 1 capital ratio of 6.5 per cent under the test’s adverse scenario. While that surpassed the 5 per cent fail rate, it ranked eighth among the 12 German banks that participated and 57th overall among the 90 banks tested. Edinburgh-based RBS had a ratio of 6.3 per cent, Societe Generale of Paris 6.6 per cent and Milan- based UniCredit 6.7 per cent.

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First Published: Jul 20 2011 | 12:09 AM IST

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