The majority of banks operating in Britain said they think they would be worse off if the UK leaves the European Union, according to a survey by the leading industry lobby group.
The British Bankers Association said that almost 60% of banks that responded to its survey on EU membership had warned that the UK leaving the 28-member state bloc would have a negative impact on their business.
Some 26% of the 74 banks which responded also said the impact would be significant. However 31% said they did not have a position on the impact of the UK referendum on EU membership, being held on 23 June.
Some 64% of respondents also said their own organisation did not hold a position on whether the UK should remain in the EU.
