Bank says Lloyds/HBOS deal will aid financial stability
LONDON (Reuters) - The Bank of England on Thursday welcomed the proposed merger of Lloyds TSB and HBOS and said the deal would help maintain the stability of the financial system.
"It is part of the necessary adjustment in financial markets and is in the interests of financial stability," the BoE said in a statement.
(Reporting by Matt Falloon)
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