Yankee banks bash open the floodgates

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Yankee banks bash open the floodgates

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Water cascading over the spillway gates of an urban dam with megalitres of drinking water. | Peter Doherty/On-Air - stock.adobe.com

Banks that deal in Yankees, including Nordea, HSBC and BPCE, raised $16bn in new funding as the market reopened with a bang after the Labor Day holiday.

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