Wall Street curtails corporate lending in Europe to put America first - sources

FRANKFURT/LONDON/PARIS (Reuters) - U.S. investment banks are shrinking lending activity in Europe as the coronavirus crisis forces them to retreat home, allowing BNP Paribas and other European lenders to fill the funding gaps and grab market share, seven sources told Reuters.Facing unprecedented demand for loans, and under pressure to support their local economy, the likes of Bank of America and JPMorgan have taken a more cautious approach on Europe, the sources said, speaking on condition of..