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Pain from Brexit on Britain, EU may be exaggerated: DBS chief
Published Fri, Jun 24, 2016 · 09:50 PM
Singapore
TAKING a contrarian view, DBS chief Piyush Gupta on Friday argued that the stunning "Brexit" result may not hurt Britain as dramatically as is perceived, and that a European Union (EU) that is less centrally managed might create a more sustainable region.
"I think the true structural impact from Brexit on Britain is exaggerated," he told reporters on the sidelines of DBS's first institutional investors symposium.
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