Bankers brace for no-deal Brexit markets mayhem 10 days early
Financial markets could go into a Brexit tailspin about 10 days earlier than expected if a potentially chaotic no-deal departure at the end of the month looks inevitable, bankers say.
Five banking sources said contingency plans were in place to deal with a possible rout in stocks, bonds and sterling on Oct. 21, rather than immediately after Britain’s scheduled departure date of Oct. 31.
Read more at Reuters.
