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Now, he said, candidates like General Clark must raise almost all they need for the primaries, at least $20 million, before the voting begins.
The struggling bank, which must raise almost 8 billion euros in new capital to meet regulatory requirements by June, had hoped its rights offering would help plug most of the gap.
After initial investor skepticism, market participants say the Milan-based bank, which must raise almost 8 billion euros by June, is now expected to gain shareholder backing for the multibillion-euro capital increase.
The firm, which must raise almost 8 billion euros to meet new regulatory capital requirements, had priced its rights issue at 1.943 euros ($2.483), a 43 percent discount on the bank's market value based on its closing price on Jan . 3
While Greece's finance minister has said that yields of almost 7 percent are high enough to give investors a good return for the risk involved, the fact that the Greek government must raise almost half of its funding requirement of 53 billion euros this spring in an increasingly skeptical market gives investors concern.
Similar(55)
It's almost been forgotten but over the next few weeks the Royal Bank of Scotland's consortium must raise about €10bn (£6.8bn) in preference shares and various other financial instruments as part of fundraising for its €71bn bid.
Lincoln Center must raise nearly half its $118 million budget every year.
That will distort trade but raise almost no revenue.
That surely must raise welfare.
It must raise its game.
I must raise money.
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