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U.K. official pitching Canada on defence bank merger instead of separate groups

Her comments come after Canadian Prime Minister Mark Carney said eight other countries agreed to back his nation’s Defence, Security and Resilience Bank, a new institution that would be headquartered in Canada and would help fund defence initiatives. The supporters include Albania, Belgium, Greece, Latvia, Luxembourg, Romania, Turkey and Ukraine. Banks such as JPMorgan Chase & Co. and Royal Bank of Canada are also listed as backers.

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