Deals
Diamond Says Brexit ‘Net Positive’ as Ermotti Sees Europe Doomed
- Ex-Barclays CEO investing in Italy, Greece sees EU bank reform
- UBS’s Ermotti says EU has no chance to succeed in current form
Bob Diamond Has Become 'Very Bullish' on Europe
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Bob Diamond says Brexit is bringing the Continent together, or at least benefiting its banks. That prompted Sergio Ermotti, days after Germans gave Angela Merkel a weaker mandate, to say the European Union is broken.