‘Positive’ response for Intesa in first Italian bank deal since election

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‘Positive’ response for Intesa in first Italian bank deal since election

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Leader of the Italy's populist Five Star Movement, Luigi Di Maio present his would-be cabinet team ahead of elections on March 4, on march 01, 2018 in Rome, Italy. (Photo by Silvia Lore/NurPhoto/Sipa USA) | NurPhoto/SIPA USA/PA Images

Intesa Sanpaolo was able to raise €1.25bn of senior funding at the long end of its maturity curve on Monday, despite being the first Italian bank to access the market following the result of the country’s recent general election.

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