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UK banks strong enough to weather no-deal Brexit, says Moody's
Britain’s banks would be resilient to a chaotic Brexit, even if this leads to a spike in bad loans that hits their profits, credit rating agency Moody’s said.
- Shared by Reuters
- November 30, -0001
Lenders’ efforts to boost their capital buffers since the financial crisis has put them in a good position to weather any disruption caused by a no-deal Brexit, Moody’s said in a report on Wednesday.
Read more at Reuters.