While you were sleeping: Brexit slide continues

Mon, 27 Jun 2016

By Margreet Dietz June 28 (BusinessDesk) - Equities sank further, along with the British pound, as investors repositioned themselves amid deepening uncertainty related to the UK’s choice to leave the European Union. Europe’s bank stocks plummeted another day, and relief might not be in sight. Shares of Barclays plunged 17 percent, while those of Royal Bank of Scotland sank 15 percent. “Banking stocks will continue to struggle," Michael Hewson, a market analyst at CMC Markets in London, told Bloomberg. "There is still a wider concern a...

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