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Citi, HSBC, Morgan Stanley and RBC will pay fines, Deutsche gained immunity
Joint borrowing through existing supranational vehicles presents serious problems
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A debate is under way in global politics on how to fund Europe's rising defence needs. A proposed Defence, Security and Resilience Bank is the most fully developed plan for a new multilateral entity to raise capital, creating a public sector bond issuer like no other
21X will combine functions of exchange and securities depository
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