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UniCredit climbs financial sponsor fee rankings

The Italian bank's revenues from advising private equity firms in Europe have more than doubled this year

Italian bank UniCredit looks set to end 2013 as a surprise entrant in Dealogic’s top 10 investment banking rankings for financial sponsor-related business in Europe.

UniCredit sits in ninth spot, having generated net revenues of $117 million between January 1 and December 23. The Italian bank was 16th in last year's rankings, having generated $48 million of financial sponsor-related revenues in the full year 2012, according to Dealogic.

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