LONDON, June 30 (Reuters) - Hsbc's uk bank chairman symondssays 'moot point' whether ringfencing is still required for ukbanksLloyds fd says bank ringfencing not redundent, complements otherregulatory reformsLloyds fd culmer says doesn't believe separate ringfenced bankboard should be required for lloydsHsbc's uk bank chairman says no decision yet on whether to putderivatives within ring-fenced bankLloyds fd says full separation of banks would not have beeneconomically viable (Reporting by Matt Scuffham)
US banks suffer steeper losses, but retain large cushions in annual Fed health check
WASHINGTON, June 26 (Reuters) - The biggest U.S. banks would have enough capital to withstand severe economic and market turmoil, the Federal Reserve's annual "stress test" exercise showed on Wednesday, but firms faced steeper hypothetical losses this year due to riskier portfolios.
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