Regulator cautions banks to prepare for Brexit amid uncertainty
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FRANKFURT (Reuters) - European banks should prepare themselves and their customers for the risk of an abrupt departure by Britain from the European Union, one of the bloc's top regulators warned on Monday.Flagging its concerns for financial stability as well as the readiness of "smaller ... institutions", the European Banking Authority urged lenders to have "effective contingency planning" and tell customers how Brexit would affect them.The announcement comes as parliamentary deadlock in Britain..