Yankees burst off the blocks in 2020

By David Rothnie
09 Jan 2020

Yankee banks set a scorching pace for issuance in the first week of 2020 as they took advantage of red-hot funding conditions.

With US banks in earnings blackout, French lenders BNP Paribas and BPCE, along with Canada’s Bank of Nova Scotia, Santander’s UK arm, Japan’s Sumitomo Mitsui, Standard Chartered and National Australia Bank all leapt in with trades to take home a combined $13bn in the space of two days. By Thursday, supply ...

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