"The European banking sector is resilient, with robust levels of capital and liquidity," the ECB said in a joint statement with the European Banking Authority
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The European financial system is "resilient" and has sufficient liquidity, the European Central Bank said Monday, as banking shares plunged following the announcement that UBS would take over troubled rival Credit Suisse.
"The European banking sector is resilient, with robust levels of capital and liquidity," the ECB said in a joint statement with the European Banking Authority.
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