John Cryan, the head of Deutsche Bank, said that the decision of Britain to leave the EU will entail extensive negative effects.
“I’m afraid that this day would be extremely unfortunate for Europe, as the uncertainty caused by this outcome of the referendum will be a serious problem for the region”, – he stressed.
According to him, the EU has guaranteed peace and prosperity to the member states for more than 50 years. “As a British and a European, I am sad to know that Europe has lost appeal to my compatriots”, – he concluded.
Meanwhile, Allianz, the European insurance giant, said that sees no negative consequences of the outcome of the referendum, since it is convinced that Britain and the EU will be able to agree on a mutually beneficial partnership.
Shares of European banks have fallen on the background of Brexit results
Shares of European banks have fallen at the opening of trades on Friday, after supporters of disaffiliation with the EU won the referendum in the UK, which resulted in chaos in the financial markets.
Shares of Lloyds Banking Group, Barclays and Royal Bank of Scotland have lost at least 30%.
Stock indices also have fallen. Stoxx Europe 600 have lost 8.8% to 315.87.
The Bank of England will make every effort to ensure stability after Brexit
The British central bank said that it is cooperating with other banks in order to maintain the stability of the financial system, which is threatened with the chaos after supporters of affiliation with the EU won the referendum.
Bank of England has assured that it is following the developments in the markets and is ready to take the necessary measures to ensure the stability of prices and financial markets.
The head of the central bank Mark Carney also declared his readiness to provide additional funding of £ 250 billion to stabilize the financial system.
After it became known that British voted for affiliation with the EU, 52% versus 48%, the pound has fallen by more than 11%, as well as European markets.
The ECB noted that, if necessary, will provide financial assistance to the Bank of England, but Mario Draghi stressed that Brexit poses a threat to the fragile recovery of the European economy.