Saturday, 18 May 2013 20:10
Posted by Muhammad Iqbal
ATHENS: Greece's second-largest lender Piraeus Bank has hired four international investment banks as advisers on its 7.33 billion euro ($9.4 billion) share issue, two bankers close to the procedure told Reuters on Saturday."Goldman, Barclays, Deutsche Bank and Bank of America-Merrill Lynch will be acting as advisers," one of the bankers said.Greece's top four banks, including Piraeus, need a total of 27.5 billion euros to repair their solvency after losses on sovereign debt writedowns and bad ...