European banks restart Russian bond trading

European banks restart Russian bond trading

European banks have joined the U.S. in allowing clients to trade Russian debt once again, the Financial Times reported Wednesday.

The report said that UBS, Barclays and Deutsche Bank have all resumed allowing clients to sell their Russian debt holdings, in line with similar moves from JPMorgan, Bank of America, Jefferies and Citigroup, according to people briefed on their decisions.

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