US bond investors warm to European banks

Two European banks raised $1bn each in the US investment-grade bond market this week, in a sign that investors may be beginning to change their stance

Two European banks raised $1bn each in the US investment-grade bond market this week, in a sign that investors may be beginning to change their stance on buying debt from financial institutions in the eurozone.

French bank Crédit Agricole and Sweden's Swedbank each raised $1bn in the US investment-grade bond market this week, according to data from research provider Dealogic.

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