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EquityFollow-ons and Rights issues

Popolare's success buoys queue of banks lining up rights issues ahead of AQR

BancoPopolare

So far so good. Financial institutions from across Europe that want to tap the equity capital markets in earnest over the coming months in preparation for the upcoming asset quality review (AQR) from the European Central Bank, have been reassured by the performance of a rights issue from Banco Popolare, the first Italian financial institution to complete a capital raise in 2014. Nina Flitman reports.

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