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JPMorgan, Barclays, Citi and Nomura among banks cleared for €800bn EU bond sale
Nomura, Unicredit, Credit Agricole, JPMorgan, Citibank, Barclays, Bank of America and Deutsche Bank have been cleared to take part in the EU’s next syndicated debt sale.
The proceeds will form the basis for the European Commission’s €800-billion Covid recovery fund, a Commission source told Reuters this afternoon.
The Commission is reportedly still assessing whether two other banks will be banned from the bond sale.