JPMorgan sees Boris Johnson as next PM

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JPMorgan sees Boris Johnson as next PM
 © KNEWS 2019
U.S. investment bank JPMorgan raised its probability of a no-deal Brexit to 25 from 15%, saying its base case is that Boris Johnson becomes prime minister, followed by a general election and then another delay to Britain’s exit to the end of the year.

JPMorgan raised the probability of an Article 50 extension to 60 versus 50% before and cut the probability of exit on the terms of Prime Minister Theresa May’s Withdrawal Agreement to 15 from 35%.

In a research note to clients titled “Brexit: Time to be afraid, as ‘no deal’ probability...


This article was automatically added to our system 22-5-2019

JPMorgan sees Boris Johnson as next PM


The contents of this article including any associated images are © KNEWS 2019
Views & opinions expressed in this article are those of the author and/or KNEWS .

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Article Tags: jpmorgan, boris, johnson,