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Home>U.K. Regulator Lowers Maximum Amount Depositors Can Claim From Failed Bank

U.K. Regulator Lowers Maximum Amount Depositors Can Claim From Failed Bank

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Fri, 3 Jul 2015

By Jason Douglas LONDON--The maximum amount depositors in a failed British bank can claim back from the state will fall from 2016, following an increase in the value of the pound, regulators said Friday. The Prudential Regulation Authority, the arm of the Bank of England that regulates Britain's
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