Deutsche Bank and J.P. Morgan suspend proposed London offering after holdout creditors go back to U.S. court
MATT WIRZ And
A bid by two global banks to sell bonds for Argentina in London collapsed, delivering a fresh setback to the cash-strapped South American nation amid a long-running feud with creditors.
Deutsche Bank AG and J.P. Morgan Chase & Co. approached bond fund managers on Wednesday to gauge interest in an auction of the country’s debt in London, people familiar with the matter said. The banks believed they had found a way to sell...