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RBS says capital position is strong

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(Globalpost/GlobalPost)

LONDON (Reuters) - Part-nationalised Royal Bank of Scotland <RBS.L> said on Wednesday its capital position was strong, after the Bank of England ordered Britain's banks to plug a 25 billion pound capital shortfall.

"RBS has a strong capital position...we will continue to work with our regulators to ensure RBS remains at the forefront of international capital standards," the bank said.

(Editing by William Schomberg)

http://www.globalpost.com/dispatch/news/thomson-reuters/130327/rbs-says-capital-position-strong