EBA warns of no deal Brexit risks to banks

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EBA warns of no deal Brexit risks to banks

Jasper Cox
June 25, 2018 01:00 PM
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European Union and UK flags in front of Big Ben, Brexit EU | Ineta/luaeva - stock.adobe.com

The European Banking Authority (EBA) cautioned on Monday that banks could have to hold more capital against UK exposures after Brexit. It said that banks were ill-prepared for no agreement being reached between the UK and the European Union (EU).

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