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EU watchdog scrutinises banks defences after SVB, Credit Suisse woes | Business News

Recent banking crises in the United States, where Silicon Valley Bank collapsed, and in Switzerland where UBS was forced to acquire Credit Suisse, show that banks and regulators need to increase preparedness for rapidly unfolding crises, the Single Resolution Board (SRB) said.

Bankers call for overhaul of EBA stress tests

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