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BAMI - Banco BPM SpA News Story

€1.34 0.1  5.8%

Last Trade - 24/09/20

Sector
Financials
Size
Mid Cap
Market Cap £1.75bn
Enterprise Value £14.71bn
Revenue £4.68bn
Position in Universe th /

BRIEF-Banco BPM wants to be ready for potential M&A after Intesa-Ubi deal

Thu 6th August, 2020 6:23pm
Aug 6 (Reuters) - Banco BPM CEO Giuseppe Castgna tells
analysts in a conference call after results
    * BANK PLANS TO FURTHER REDUCE NPL RATIO, MONITORING MARKET
TO SEE
IF POSSIBLE TO SELL NPLS IN LAST PART OF YEAR
    * INTESA-UBI MERGER IS CATALYST FOR NEW BANKING
CONSOLIDATION, WE
HAVE TO BE READY TO TAKE ANY POTENTIAL OPPORTUNITY

Further company coverage:  BAMI.MI 

 ((andrea.mandala@thomsonreuters.com; +390266129436;))
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