Report
Carine Maciol

Banca Monte dei Paschi : The phoenix rises from its ashes

Banca Monte dei Paschi has recently succeeded in raising € 2.5bn of capital on the equity market. This is the seventh call on the market since 2007, the year the bank took over Antonveneta. - The Italian state injected a further € 1.6bn of capital and € 900m was contributed by institutional and private investors. This hyper-dilutive transaction will help boost capital ratios and, more importantly, fund the vast redundancy programme which is already agreed with the unions. The aim ...
Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Carine Maciol

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