US banks swing by euros in global funding wave

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US banks swing by euros in global funding wave

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KIEV, UKRAINE - Dec 11, 2018: Goldman Sachs Investment banking company logo seen displayed on smart phone. | Igor Golovniov/Игорь Головнёв - stock.adobe.com

Morgan Stanley and Goldman Sachs received a warm welcome in the euro market this week, as they turned to the currency amid what one banker described as a “US bank supply wave”.

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