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05.05.2016 08:16:00
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UBS AG -- Moody's: UK banks face increased funding costs and challenges to operating models amid uncertainty around Brexit vote
London, 05 May 2016 -- Banks operating in the UK face moderate short-term risks as the country approaches the June 23 Brexit referendum, says Moody's Investors Service in a report published today. In addition, in the event of a Brexit, banks will likely face more durable but moderate challenges.
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