[illumin8]

Regarding the banking system in the UK:

http://www.bbc.com/news/business-36617969

"UK banking stocks have plunged after Britain voted to leave the EU. Barclays and RBS were among the hardest hit, with their shares sliding nearly 30% at the start of trading before staging a partial recovery. Meanwhile, Morgan Stanley could relocate up to 2,000 London-based investment banking staff, the BBC understands. This could add to fears about potential job losses in the UK financial industry, which employs 2.2m people. Shares in the FTSE 100's five big banks fell 21% on average as markets digested the results of the referendum, with Barclays suffering the biggest one-day fall in its share price. The price eventually recovered to stand 16% down in late afternoon trading. Shares in Europe's other main banks fell heavily, with Germany's Deutsche Bank down more than 13% and France's Societe Generale more than 20% lower. "The UK and European banking system has been hit particularly hard as there was already fears about their health, and now there are worries about the linkages between European and British banks," said Michael Hewson, chief market analyst at CMC Markets."