HALISTER: Citigroup, Hermes Warn on Impact of U.K. Exit From EU: S. Times

Citigroup, Hermes Warn on Impact of U.K. Exit From EU: S. Times

(Bloomberg) -- Citigroup calls vote “one of the biggest near-term global political uncertainties,” Sunday Times reports.
  • Bank puts risk of vote to leave at 20-30%, says effects on U.K. and EU would be “large and painful in economic and political terms”
  • Neil Williams, chief economist at Hermes Fund Managers, says base case is for U.K. to remain in EU but “uncertainty could soon build”
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Source: BFW (Bloomberg First Word)

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C US (Citigroup Inc)

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Neil Williams (Hermes Fund Managers Ltd)

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