Linklaters is advising as the Bank of Cyprus has today announced plans to apply for a standard listing on the London Stock Exchange, The Group intends to maintain a listing on the Cyprus Stock Exchange and will no longer be listed on the Athens Exchange.

The banks wants to use the float to increase its exposure to international investors and to raise its market capitalisation to its book value of £2.5bn.

Linklaters is advising HSBC on the deal with a team led by Capital Markets partner Jason Manketo and Corporate partner John Lane.