Italian bank fundraising: not all la dolce vita

Samuele Gallini Fotografo/Samuele Gallini - stock.adobe.com

At first glance the flurry of Italian banks entering the capital markets — including such unfamiliar names as Banca Popolare Dell’alto Adige (BPAA) and Banca Sistema — is an indication that international investors will lap up the debt of Italian minnows just as readily as they do for larger lenders in other peripheral Eurozone countries.