Steve Eisman of the Neuberger Berman Group, which predicted the collapse of Subprime Mortgages assets before the 2008 financial crisis, is now taking a move to short-term two UK operations. banks. His decision stems from the fact that he expects Britain to leave the European Union without a clear and positive deal.
At a conference in Dubai, he refused to name the banks whose shares he sold. For him, the UK is currently the most risky area in the world that Eisman is watching closely. "I sell shares not two banks, but I watch about 50 banks, I would sell to all 50 if Jeremy Corbyn becomes prime minister." - Eisman said.
The two weeks of strategic silence alongside the Brexit talks end at the end of this week. There are signs that Britain and the EU are in the final phase of their negotiations.
Another company Eisman has short on is Tesla, although the latest company reports exceeded the Wall Street's expectations. The fund manager also revealed his largest long position, which is the Chicago-based Motorola Solutions Inc.
Source: Bloomberg Finance L.P.
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