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March 19 (Reuters) – The Bank of England on Sunday said it welcomed the actions by the Swiss authorities to merge Credit Suisse (CSGN.S) with UBS Group (UBSG.S).
“The UK banking system is well capitalised and funded, and remains safe and sound,” the central bank added.
Reporting by Shubham Kalia in Bengaluru
Editing by Peter Graff
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