The Bank of England's doomsday economic scenario has left three of Britain's major banks under some stress.
But only one, Co-op, has actually failed the test of what would happen if there were an economic crisis in the UK.
The bank, which faced its own crisis in 2012 when its efforts to buy 600 Lloyds Bank branches collapsed, has been told to cut its balance sheet by selling assets.
For Lloyds and RBS the results of the stress tests were tough but not as gloomy.
Northern Ireland's Attorney General has accused Bank of Scotland of "criminal fraud".
John Larkin QC made the comments in relation to the bank's treatment of some customers who fell behind on their mortgages.
New global rules to prevent banks that are "too big to fail" from being bailed out by taxpayers have been welcomed by the Governor of the Bank of England.
Savings of up to £1m are to be protected under new proposals from the Bank of England aimed at avoiding a Northern Rock style run on a bank.
Only money temporarily deposited in a bank, because of a house sale or an inheritance, for example, will be protected for a period of six months.
Under current rules a maximum of £85,000 is protected.
Some two or three years ago, the European Central Bank (ECB) would have been seen as revolutionary and courageous, if it had then set about buying bank debt in the form of bonds, including junk from Greece and Cyprus.
Bank of England governor Mark Carney has said that he looked at people's ability to service their debts before deciding on the new restrictions for mortgage lending.
Speaking to Robert Peston, the BBC's Economics editor, Mr Carney said that once borrowing goes above 4.5 times income it "becomes more difficult to service" and that they are trying to stop a "mass of people moving into riskier mortgages."
Plans by the Bank of England to cap riskier mortgage lending have been hailed as an important "insurance policy" for the UK economy.
Under the proposal, lenders will not be allowed to lend any more than 15% of residential mortgages at more than 4.5 times a borrower's income.
The move will have little initial short-term impact on people's chances of getting a home loan.
Mortgage lenders have said that a cap on the size of mortgage loans is unlikely to be "the first tool in the box" to cool the housing market.
Chancellor George Osborne plans to give the Bank of England the power to impose a cap on home loans related to income or the value of the house.
At present, the Bank can advise on such a cap, but not impose it.
But lenders believe new affordability tests are a bigger factor for those trying to buy a home.
The range of measures announced under the UK government's Help to Buy scheme to kick-start the housing market were much needed. However, RICS has cautioned that Phase 2, which in January 2014 will extend the scheme to include lending on second-hand homes, could increase risk of a ‘bubble’ – particularly in London and parts of the South East.
Chancellor George Osborne has asked the Bank of England to take a bigger role in ensuring his Help to Buy housing scheme does not fuel a property boom.
The Bank's Financial Policy Committee (FPC) will make annual reviews of the scheme, starting next September.