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A hard exit from the single market could cost banks almost $51B in lost revenue.
France, Germany and the Netherlands have the biggest piles after Japan.
Company was able to reduce the yield on its new borrowings.
First issuer in Europe with sub-AAA credit rating to go negative signals pressure on European investors and reduced importance of ratings.
Nation's largest issuer of municipal bonds will not use Wells Fargo for the next 12 months, as punishment for consumer-banking scandal.