U.S. companies could see their bottom lines slashed if the U.K. votes to leave the European Union in a so-called Brexit referendum this summer, according to Bank of America.
Fears that the Brits will choose to exit the bloc it’s been a member of for more than 40 years have already sparked turmoil in pound trade GBPUSD, -0.6561% and European stock markets SXXP, -2.06% But U.S. investors should brace for the vote too, said Joseph Quinlan, head of market & thematic strategy Bank of America Global Wealth & Investment Management.
