UK stocks measured by the FTSE 100 down 0.64% in later afternoon trading on new polling showing a slight uptick in Brexit risks. This comes as a relatively "independent" bank research report paints a logical scenario that puts real risks for UK banks in perspective.
A Brexit vote for Great Britain to leave the European Union would be problematic but not disastrous for the five major banks domiciled on the island nation, a report from Barclays said. In a rare break from conformist big bank orthodoxy, the "unofficial" report from three bank credit analysts said in the short term...