WASHINGTON (AP) — The Treasury Department's No. 2 official is telling Congress that his agency played no role in the Internal Revenue Service's targeting of conservative groups.

By Matt Scuffham LONDON (Reuters) - State-backed British lenders Lloyds Banking Group and Royal Bank of Scotland have agreed plans to shore up their capital with the financial regulator, removing a barrier to the government offloading its shares. The regulator said on Wednesday it had finalised capital requirements for the two banks and that the lenders had submitted their plans. Both banks said they did not need to issue new equity and could raise the necessary capital by selling assets and via restructuring plans already under way. ...