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  • The Bank of England said Friday that UK banks were resilient to the risks of Brexit and coronavirus, but noted financial services faced "some disruption" when the transition period ends. The BoE's Financial Policy Committee, tasked with safeguarding the financial system, added that Britain's major banks were capable of absorbing £200 billion ($266 billion, 220 billion euros) in credit losses. ved-rfj/rl
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  • BoE warns of post-Brexit financial services disruption
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