Barclays planned to pull out of Israel’s bond auctions under activist pressure, FT reports

Barclays drew up plans to pull out of future Israeli government bond auctions as it reviewed its exposure to the country under pressure from pro-Palestinian activists, the Financial Times reported, opens new tab on Wednesday, citing people familiar with the matter.

Barclays (BARC.L), opens new tab informed Israeli officials that it planned to continue to work as a so-called primary dealer, where it operates alongside other international banks such as Goldman Sachs, JPMorgan Chase and Deutsche Bank, the report said.

Source: REUTER