Shares of British lenders Lloyds Banking Group and Royal Bank of Scotland (RBS) dropped during trade on Tuesday on the London Stock exchange despite both banks passing the Bank of England's stress tests.
The central bank announced it's raising the capital buffer for major lenders in the country from 1% to 2% in a move designed to reduce uncertainty if economic conditions deteriorate.
Shares of Lloyds tumbled 4.97% at 11:50 am CET, while RBS was down 4.20%.
