MPS dangling on support for balance sheet clean-up as rescue op rumbles on
The key to the clean-up and recapitalization of Italy’s Banca Monte dei Paschi di Siena is a €5bn rights issue but even though a strong cast of top tier ECM banks have signed on to run it, the deal still hinges on finding real demand. Aidan Gregory and Owen Sanderson report.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: