On May 21, Reuters was three minutes ahead with news that Greece’s Alpha Bank, one of the country’s top four banks, has hired JPMorgan and Goldman Sachs as advisers on a plan to boost capital by up to 800 million euros. On May 24, Reuters was also ahead with the Bank’s update on a planned equity offering to raise the funds.
Business & Finance
Greece’s Alpha Bank
21 May 2021, 1:48 pm 1 minute
Market Impact
Alpha Bank shares fell 28% on May 21 but jumped 11% in early trade on May 24 following the bank’s update.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters News First
Sectors: Business & FinanceEquities
Regions: AmericasEurope
Countries: Greece
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Major Global Story