Banks pass UK stress tests but investors shouldn’t expect rewards

Some British banks may need more capital as the rules change, while others have more than enough

Banks pass UK stress tests but investors shouldn’t expect rewards

The Governor giveth and the Governor taketh away.

The Bank of England has come to the end of its long march to get banks to hold more capital. But investors and executives shouldn't pop the champagne corks just yet. There is going to be no great wave of special dividends.

WSJ Logo