U.K. Banks Told to Raise More Capital; Mortgage Pact Blunders; Fed&#...

Receiving Wide Coverage ... U.K.'S Capital Plans: British regulators have told their biggest banks to raise a combined $20.7 billion in capital by the end of the year to cover shortfalls. The announcement builds on earlier capital directives from the Prudential Regulation Authority, which has been attempting to bolster banks' balance sheets in an effort to stem off future financial shocks. Barclays, Royal Bank of Scotland and Lloyds Banking Group, which would need to raise the…