Banks
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Monte dei Paschi di Siena has begun a turnaround plan involving a €2.5bn recapitalisation backed by the Italian government
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After a sharp slump in corporate finance revenues, investment banks are facing an uncertain second half of the year. If previous downturns are a guide, job cuts will be inevitable before a new market reality emerges to trigger the next wave of capital markets and M&A activity. By David Rothnie
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Two veteran bankers have taken on newly created positions at the bank
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The sustainability-linked loan found solid demand, with the deal landing at $912m
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The Philippine brandy company is looking for more exposure to international investors
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Borrowers turn to defensive tactics after market deteriorates overnight
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UK real estate fund last raised £40m in February
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The Chinese originator is set to price its second deal of 2022 this week
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Cloud development platform ropes in ECM heavy hitters for small deal of up to $21m
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The Vietnamese securities firm offers a 'reasonable' price for its quick loan comeback
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UK sovereign draws ample demand at the long end as markets continue to ignore domestic political upheaval