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UNCRY - Wall Street backs away from corporate lending in Europe - Reuters
Unicredito SpA ADR 2017
Faced with unprecedented demand for credit lines and corporate loans amid the COVID-19 pandemic, U.S. investment banks are focusing on corporate lending at home, allowing BNP Paribas (OTCQX:BNPQF+5.0%) and other European lenders to grab market share, Reuters reports, citing people familiar with the matter.
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