LONDON, March 19 (Reuters) - Britain's finance ministry
said it welcomed the merger of Credit Suisse with UBS and the
steps taken by Swiss authorities to support financial stability
on Sunday.
"The UK government welcomes the steps taken today by the
Swiss authorities in relation to Credit Suisse to support
financial stability, and will continue to engage with the FCA
and the Bank of England as is usual," a ministry spokesperson
said.
"The Bank of England has confirmed the UK banking system
remains safe, sound and well capitalised."
(Reporting by Alistair Smout
Editing by William Schomberg)
Messaging: alistair.smout.thomsonreuters.com@reuters.net))
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