UBS chairman: City would get 'favourable deal' in event of Brexit

Would not undermine UK as financial centre

Laura Dew

The chairman of UBS Axel Weber has said Britain will get a "very favourable deal" if it leaves the European Union, which would prevent any adverse effect on the City of London.

Weber (pictured), formerly head of Germany's central bank, said the deal would not undermine the UK's dominance as a financial centre. Speaking at a Wall Street Journal event in London, he said while...

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