Yes Bank, No Bail-In Precedents: Re-Iterate Buy Senior Unsecured
Rating downgrades, clear governance issues, increasingly likely loan losses and underwhelming capital support. This is the making of a train-wreck...
385 Views
Italian Banks: Dodging The "Low Grade" M&A Bullets, at Least for Now
Banca Carige and Banca Popolare di Bari stand out as the Italian bank bailouts at the end of 2019 This highlights, in our view, that increasingly...
403 Views
Boost Research
Italian Banks: Value Opportunities, Despite Political Uncertainty
The Italian Prime Minister Giuseppe Conte resigned on Tuesday resulting in the collapse of the anti-establishment coalition, between the...
390 Views
Boost Research
Italian Banks - Sovereign Bond Risks at Bay for Now, Reveal a Good Value Equity Opportunity
Italian, and other Southern Europe, sovereign bond spreads continue to narrow as the market expects further stimulus measures from the ECB to be...
425 Views
Boost Research
Banca Carige - Limited M&A Risk for Bigger Cap Italian Banks
Banca Carige (CRG IM) is in the spotlight again; private equity group Apollo Group's offer for the bank was rejected by deposit guarantee fund...
501 Views