On Brexit, banks and bargains
Will they stay or will they go? UK voters will answer that question on June 23 when they decide whether their country will retain its membership in the European Union or strike out on its own. Philippe Brugere-Trelat, Executive Vice President, Portfolio manager, Franklin Mutual Series, offers his opinion on whether “Brexit” will come to pass and its potential effects on UK companies. He also provides an overview of economic conditions elsewhere in Europe, with a focus on the region’s beleaguered banks.