How Can Carney Calm Brexit-Shaken Britain?
Mark Carney’s warnings that Brexit could inflict a fresh crisis on the U.K.’s banking sector may be coming to pass, and it’s up to him to try stop it. As the Bank of England governor chairs a meeting of financial stability officials on Tuesday, the industry they oversee has been battered by investors. Britain’s vote to leave the European Union has ripped through markets, with U.K. bank stocks suffering their biggest two-day decline in seven years. Fathom Financial Consulting Director Erik Britton discusses with Bloomberg's Anna Edwards on "Countdown."