are the most at risk of failure due to an exposure to Chinese credit, according to analysts from RBC Capital Markets. HSBC and Standard Chartered are the British lenders most at risk from exposure to Chinese credit, RBC Capital Markets analysts have said. The Bank of England (BoE) is due to release a report into the strength of the UK's biggest lenders on Wednesday, having carried out three rounds of stress testing. The first round replicated a UK housing price collapse and the second a Chinese recession alongside a Hong Kong property crash. In its latest report, RBS said it was "increasingly likely" that China's economy would contract by up to 6.5% this year, compared with an earlier forecast for growth of 6.4%.
HSBC and Standard Chartered are the British lenders most at risk from exposure to Chinese credit, RBC Capital Markets analysts have said. The Bank of England (BoE) is due to release a report into the strength of the UK's biggest lenders on Wednesday, having carried out three rounds of stress testing. The first round replicated a UK housing price collapse and the second a Chinese recession alongside a Hong Kong property crash. In its latest report, RBS said it was "increasingly likely" that China's economy would contract by up to 6.5% this year, compared with an earlier forecast for growth of 6.4%.