No-deal Brexit risk rising again, some banks say [Reuters]
JP Morgan Chase & Co. (JPM)
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Source: Reuters
No-deal Brexit risk rising again, some banks say | Reuters 2 Min Read (Reuters) - The risk that Britain will crash out of the EU without an agreement is rising again, some banks say, after Prime Minister Theresa May received a two-week reprieve that could be her last chance to arrange an orderly exit. At the end of January, banks informally canvassed by Reuters saw no-deal probabilities as low but rising. But that risk appeared to have receded after parliament voted to rule out a no-deal Brexit. But their views have shifted slightly this week after the European Union told May to get lawmakers’ approval for a Brexit deal by April 12, failing which Britain must present a new Brexit plan. In any case it has to leave the EU by May 22 â?? with or without a plan. Goldman Sachs, Deutsche, JPMorgan, ING and some other banks have upped probabilities of a no-deal Brexit though they still see a relatively low 10 to 25 percent risk of this outcome. Some such as Goldman also assign a high probabil
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Earnings
- 4/12/24 - Beat
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Sec Filings
- 4/19/24 - Form 424B2
- 4/19/24 - Form 424B2
- 4/19/24 - Form 424B2
- JPM's page on the SEC website