Banks should try anything, as long as it’s not boring
With a slew of FIG ECM deals on the way, bank fundraisings — especially in southern Europe — need to be quick, or elegant, or they will die.
The Asset Quality Review is coming. Issuers, rushing to
get their balance sheets in order, are preparing deals to raise equity over the
next few months, and a swathe of ECM deals is anticipated. But this bulging
pipeline may mean that investors, especially those that focus on financial institutions
across peripheral Europe,
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