07:02 AM EDT, 08/15/2024 (MT Newswires) -- Barclays ( JJCTF ) had reportedly planned to pull out of Israeli government bond auctions amid pressure from pro-Palestinian activists, however, following internal discussions has decided to continue its role as a primary dealer, The Financial Times reported on Thursday, citing unnamed people familiar with the matter.
The bank is said to have informed Israeli government officials it will participate in upcoming bond sales alongside other major international banks like Goldman Sachs, JPMorgan Chase, and Deutsche Bank.
A spokesperson for Barclays ( JJCTF ) told MT Newswires that the bank was "preparing a response" for the country's request for bids on the next bond sale, which is due next week.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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