Bank equity deals in vogue as Santander sets €7bn rights issue
Predictions that financial institutions would ebb as the mainstay of equity capital markets business after the major post-crisis wave of recapitalisations had been completed have proved premature.
Two important capital raisings took shape this week, as Santander announced the pricing and timetable for its €7bn rights issue and Banca Carige, long on Italy's sick list, said it would aim to complete a €500m capital increase by the end of the year.That followed the successful conclusion ...
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