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JPMmorgan, Citibank, six others cleared for next bond sale - EU Commission source

Published 06/18/2021, 09:58 AM
Updated 06/18/2021, 10:01 AM
© Reuters. FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015.  REUTERS/Mike Segar/File Photo

© Reuters. FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015.  REUTERS/Mike Segar/File Photo

BRUSSELS (Reuters) - Nomura, Unicredit (MI:CRDI), Credit Agricole (OTC:CRARY), JPMorgan (NYSE:JPM), Citibank, Barclays (LON:BARC), Bank of America (NYSE:BAC) and Deutsche Bank (DE:DBKGn) can take part in the next syndicated debt sale backing the European Commission's up to 800-billion-euro ($950.7 billion) COVID-19 recovery fund, a Commission source said on Friday.

The EU executive is still assessing the other two banks banned from bond sale, the source said.

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