Ahead of the anticipated (feared?) Brexit vote later this week, a number of U.S. banks have sent a shot across the bow to regulators detailing how Britain’s decision to leave the European Union — if it happens — could impact those banks.
Of the 33 banks that gave light to their stress tests (conducted annually), Brexit was offered up as a scenario, even though not mandated as part of the stress test. The results will be released on Thursday (June 23) — the very day the referendum will be held.