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Pound tumbles, volatility jumps after surveys show UK exit momentum

  Bloomberg The pound slumped to a three-week low after polls showed more Britons favor exiting the European Union, reviving concern a June 23 referendum will throw global markets into turmoil and undermine confidence in the 28-nation trading bloc. Sterling weakened against all 10 developed-market peers after two surveys showed more voters were willing to vote to leave the EU ...

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Brexit pollsters feel the pressure with guaranteed uncertainty

  Bloomberg Days before a referendum that seemed to be in the bag for David Cameron, a YouGov Plc poll suddenly showed the “Leave” side ahead. The pound plunged, the prime minister panicked — then Scotland voted to stay in the U.K. by a 10-point margin. Two years on, and British voters are preparing to decide whether to leave the ...

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Rothschild & Co. to buy Martin Maurel, eyes French expansion

  Bloomberg Rothschild & Co., part of the banking dynasty focused on advising on mergers, is buying Compagnie Financiere Martin Maurel to expand its wealth-management and lending operations for French families and entrepreneurs. The boards of both companies support the deal, which needs approval from shareholders and regulators, according to a joint statement on Monday. Marseille-based Martin Maurel has received ...

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