Royal Bank of Scotland
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The Fed blocked the capital plans of five banks on Wednesday, including the U.S. arms of RBS, HSBC
The Fed said the three foreign banks were all new to its process and HSBC and RBS had "significant deficiencies" in their capital planning processes.
"We clearly have more work to do to meet the Fed's standards, and we're fully committed to doing that," RBS said in a statement on Thursday.