The Qatar sovereign fund is in talks with the main shareholder of Banca Monte dei Paschi di Siena to buy a 15-20 per cent stake in the troubled Italian lender ahead of its much-awaited rights issue, daily Il Messaggero said.
Abu Dhabi sovereign wealth fund Aabar Investments has increased its stake in Italian bank UniCredit to 6.5 per cent by exercising a call option, market regulator Consob said.
Aabar previously had 4.99 per cent of UniCredit, Consob said.
Italian lender UniCredit's 7.5 billion euro ($9.6 billion) capital increase will likely be taken up by 90-95 per cent of shareholders, a source at one of the deal's 27 underwriters said.
UniCredit's deeply discounted rights issue, designed
Italy's largest retail bank Intesa Sanpaolo is mulling a capital increase of around five billion euros ($7.06 billion).
Intesa Sanpaolo's management and supervisory boards are meeting on Tuesday to decide on the capital hike, a financial s