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Bank of England to check credibility of top banks' wind-down plans

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Bank of England to check credibility of top banks' wind-down plans

The Bank of England said on Monday it will check from October whether top banks can be smoothly wound down in a crisis after the forced takeover of Credit Suisse raised questions about the credibility of "resolvability" plans.

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Bank of England to check credibility of top banks' wind-down plans

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Bank of England to check credibility of top banks' wind-down plans

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