Nationwide faces £2bn shortfall after ‘crude’ test


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Financial Times
FT Exclusive
Friday June 21 2013
Nationwide faces £2bn shortfall after 'crude' test
The chief executive of the UK's biggest building society has hit out at the "crude" measure used by regulators to assess the sector's financial strength as it emerged that the mutual is facing a £2bn capital hole.

http://link.ft.com/r/H60H77/3CE1E3/EWTCE3/C471TR/PN5ZLM/28/h?a1=2013&a2=6&a3=21
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