Banks Warn Brexit Significantly Raises the Probability of Eurozone’s Collapse

Sunday, October 9, 2016
By Paul Martin

SputnikNews.com
09.10.2016

The chief executives of the US banks JPMorgan Chase and Morgan Stanley have warned that the UK’s withdrawal from the European Union may lead to the disintegration of the Eurozone.

The Financial Times newspaper quoted the chief executives of the US banks JPMorgan Chase and Morgan Stanley as saying that Britain leaving the European Union may result in the Eurozone’s collapse.

“It is my personal opinion that Brexit made the chances of the Eurozone not surviving in the next decade five times higher,” JPMorgan Chase head Jamie Dimon said during an annual meeting of the Institute of International Finance in Washington.

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