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The British Bankers' Association said the four banks "are well-capitalized, so able to withstand future financial difficulties." "UK banks have already made wide-reaching reforms to how they operate ahead of our international competitors," a spokesman for the British Bankers' Association said. "Their exposure to problems in the eurozone is also very limited," the association said. "Moodys' assessment reflects overall concerns about the current ongoing issues in the eurozone rather than the organizations themselves."
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