A study by Standard & Poor's, one of the world's leading credit rating agencies, has raised questions over the financial strength of some of the biggest banks ahead of new rules that could require them to raise more funds.
The analysis by S&P showed that HSBC is the best capitalised bank in the world, while Switzerland's UBS, Citigroup of the US and several of Japan's biggest banks are among the weakest.
The ranking of 45 of the world's leading banks will unnerve investors, highlighting once again the capital shortfall that institutions still need to make up over the coming years.
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