BANCO BPM SPA CEO Giuseppe Castagna flagged a potential combination with CREDIT AGRICOLE SA on Thursday afternoon after a deal with BANCA MONTE DEI PASCHI SIENA collapsed.
Banco BPM Considers Credit Agricole Deal
Banco BPM CEO Giuseppe Castagna stated the bank will evaluate a potential transaction with Credit Agricole after shareholders rejected an acquisition plan involving Monte dei Paschi. The lender is currently examining all opportunities while ensuring any future deal receives strong shareholder backing.
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