Brexit could cost European banks EUR 30-40 bn

According to the Boston Consulting Group report, the banks from continental Europe may need 30-40 billion euro to replenish the capital of British units due to UK's decision to leave the European Union. Meanwhile, up to 70% of transactions of the European banks in capital markets are held in London, points out Philippe Morel, one of the BCG authors of the report.

Vedomosti