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Brexit the biggest short-term risk: BlackRock's Thiel

Reuters  |  LONDON 

LONDON (Reuters) - Talks on Britain's withdrawal of the European Union pose the biggest short-term risk to European financial markets, BlackRock's deputy chief investment officer for fixed income Scott Thiel said on Wednesday.Britain is in the middle of negotiations with the European Union to try to agree the terms of a transition deal to cover the period after it leaves the bloc."The two positions are very far apart from each other, so I am unsure about the political fix that it will take to get us into a transition period," Thiel said, with reference to why he sees Brexit as a big near-term ...

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First Published: Wed, March 14 2018. 16:43 IST
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