'Brexit' would not undermine Britain as financial hub, says UBS chairman

LONDON (Reuters) - If Britain were to opt out of the European Union its position as a global financial hub would not be undermined, Axel Weber, the chairman of Zurich-based UBS said on Tuesday.

"It won't undermine the UK as a financial centre but it would be more challenging to get market access," the former head of the German Bundesbank told delegates at a Wall Street Journal Pro event.