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Is Lloyds Banking Group PLC a way to bet against Brexit?

Political pundits — and bookmakers, for that matter — believe the intervention of US president Barack Obama has made a vote to leave the European Union more unlikely. Could Lloyds (LSE: LLOY) be an unlikely beneficiary of a decision to stay in Europe?

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Owain Bennallack owns shares of Lloyds Banking Group. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.