UBI capital hike as market awaits Irish stress test numbers
UBI Banca on Tuesday revealed plans to raise Eu1bn of core tier one capital in a rights issue. The move surprised analysts, who had considered it one of the strongest Italian banks and therefore among the least likely to raise equity.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts