Europe's banking regulator has said that banks will be subject to tougher tests in its latest examination of their finances.

It includes some Irish banks, including one which passed last year's test but later needed a government bail-out.

The regulator wants to ensure banks have sufficient capital to withstand more difficult economic scenarios.

The new tests involve 90 banks including Royal Bank of Scotland, HSBC, Barclays and Lloyds Banking Group.

Barclays earlier announced it was moving 1.3bn euros ($1.9bn; £1.1bn) to its Spanish division to improve its reserves following government stress tests in Spain.

Stricter tests Included in the 90 are some banks not tested before - such as the Irish Republic's Irish Life & Permanent (IL&P) and two.....Read more HERE