http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article7086750.ece
Some of the world’s biggest investment banks could be forced to pump billions of pounds into their UK businesses following a probe by the City regulator.
The Financial Services Authority has been conducting stress tests on the British operations of foreign banks to examine what would happen if their parent companies went bust.
The regulator wants the banks to ensure that their British businesses hold enough capital to be able to stand on their own two feet if their parent companies suddenly stop trading.
The investment bank probe follows concerns that emerged following the collapse of Lehman Brothers in September 2008.
