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Investment Banking

Bankers in no hurry to react to Brexit alarm

Many investment bankers are willing to delay any decisions about a possible UK exit from the EU, but advisers think that could be a mistake

Just a few minutes more...Investment bankers are more relaxed about a possible UK exit from the European Union than other players in finance
Just a few minutes more...Investment bankers are more relaxed about a possible UK exit from the European Union than other players in finance Photo: iStockPhoto/FN montage

There was a dismissive wave of the hand from a global investment banking head sitting in his London office when Financial News asked whether the UK’s possible departure from the European Union gave him cause for concern.

"It's not the kind of thing where you convene a committee," he said of the attitude of his bank, which clearly took the risks of Greece crashing out of the EU more seriously. "It's not Grexit in the Greek crisis."

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