Norges Bank Investment Management (NBIM), managing assets worth $1.7 trillion derived from Norway's oil and gas resources, has declared its support for Monte dei Paschi di Siena's new stock issuance. This move aims to raise capital for the hostile acquisition of competitor Mediobanca.
The financial landscape in Saudi Arabia continues to capture the attention of analysts and investors. The sovereign wealth fund of the Kingdom is preparing to issue dollar-denominated bonds with varying maturities, highlighting the growing interest in fixed-income instruments in the region.