Big Short investor bets against UK banks

Big Short investor bets against UK banks

An investor who predicted the 2008 financial crisis has revealed he is betting against the UK banking system.
Steve Eisman, known for appearing in The Big Short, said he had bets against three UK banks, though he declined to name them.
The US investor shot to fame when he featured in the book by Michael Lewis, and was later played by Steve Carell in the Hollywood adaptation.
Mr Eisman said he expected UK markets to fall as a result of Brexit.
Explaining his current investment position, he said that he bet against two UK banks "about a month and a half ago" due to the possibility... read more

7 December 2018 in Business, Views: 70
Source: BBC

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