Bank That Predicted Brexit Is Shunning U.K. Stocks at Record
- M.M. Warburg sees a hard Brexit that will hurt U.K. markets
- Economist said in April a ‘thin majority’ would back Brexit
Surging U.K. Markets Amid Brexit Uncertainty
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M.M. Warburg & Co., one of the few banks to predict Britons would vote to leave the European Union, is avoiding U.K. assets.
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