As Bloomberg reports, more Wall Street banks are ready to return to trading in Russian bonds, which were previously considered inviolable.
Sources told the agency that JPMorgan and Bank of America are among the many banks that have offered to facilitate corporate and sovereign debt transactions on behalf of clients.
She stated that “banks are now willing to act as intermediaries in transactions after the US Treasury Department said that the liquidation of the first persons is not a violation of US sanctions, which brought more clarity to a question that puzzles many people in the financial markets.”
Source: Bloomberg