Best bank – UniCredito Italiano
Best debt house – JPMorgan
Best equity house – Morgan Stanley
Best M&A house – JPMorgan
Best local partner – Mediobanca
Italy’s banking industry hit a low note earlier this year when several domestic banks, including UniCredito Italiano, clubbed together to buy a stake in Generali with the intention of stopping French investor Vincent Bolloré gaining control.
Despite its involvement in this slightly dubious scheme, UniCredito does not seem to have done any long-term damage to its franchise.
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