Saturday, November 12, 2016

Brexit makes euro sector sustainability much less probably



WASHINGTON Britain's vote to leave the eu Union has made it more likely that the euro zone will not be around in 10 years, JPMorgan Chase & Co (JPM.N) CEO Jamie Dimon instructed bankers on Friday. "Brexit makes the threat of the euro region now not surviving 10 years from now 5 times better," Dimon said at the Institute of international Finance's 2016 annual club meeting in Washington.
speakme at the equal occasion, James Gorman, the chief govt of Morgan Stanley (MS.N), said that the huge winner from Brexit might be ny due to the fact business presently finished in London would shift there.

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