Valuation revival raises hopes of banking ECM, led by UniCredit

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Valuation revival raises hopes of banking ECM, led by UniCredit

UniCredit

UniCredit's €13bn rights issue, which won rousing applause from investors on Tuesday when the share price rose 16% on its announcement, will be one of the centrepieces of what is likely to be a busier year for financial institutions ECM in 2017.

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