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SocGen Chairman Warns a Hard Brexit Risks a Global Recession

  • Lorenzo Bini Smaghi spoke at the Invest London conference
  • No-deal Brexit is a disaster for the financial system, he said
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"I’m quite convinced that in the end we will get back together," Bini Smaghi said on Monday.Source: Bloomberg
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Societe Generale SA’s chairman has warned that a hard Brexit could plunge the world into recession and would be a disaster for the financial system.