FinecoBank edges up after media piece floating idea of renewed UniCredit's interest
BUZZ-FinecoBank edges up after media piece floating idea of renewed UniCredit's interest ** Shares in Italy's FinecoBank FBK.MI edge up 2% after a media piece says UniCredit's CRDI.MI could have renewed interest in the Italian online lender
** Corriere newspaper speculates in a piece UniCredit has three potential growth targets in Italy, with FinecoBank among them, which the newspaper deems "the most intriguing" and "a perfect fit"
** Citing sources within UniCredit, Corriere says any possible initiative is premature, considering the current efforts the Commerzbank operation requires from the bank
** UniCredit declined to comment, while FinecoBank did not immediately reply to a request for comment
** "This adds an element of speculative appeal to Fineco’s investment case," says Banca Akros
** FinecoBank shares reached their highest intraday price of €23.46 earlier in Monday's session
** At €23.38, they still sit above their previous peak price of €23.21 reached last month
(Reporting by Fabrizio La Rocca)
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