Credit Agricole has not asked banking supervisors for clearance to increase its stake in Banco BPM above the 9.9% level it recently reached, the head of the French bank s Italian arm said on. | May 4, 2023
Credit Agricole Italy is interested in investing in the insurance activities of Banco BPM, the French banking group's Italy head said on Monday. Banco BPM
Credit Agricole Italy is
interested in investing in the insurance activities of Banco BPM
, the French banking group s Italy head said on Monday. Banco BPM has exercised a call option to. | May 23, 2022
Credit Agricole will focus on internal growth to further boost its presence in Italy, the head of its Italian operations said in a newspaper interview published on Saturday.. | February 12, 2022
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MILAN (Reuters) -Credit Agricole sealed its $1 billion takeover bid for Creval on Friday, in a move that strengthens its foothold in Italy’s consolidating banking sector - its biggest market outside France.
FILE PHOTO: A branch of Credit Agricole bank is seen in Warsaw, Poland, July 3, 2018. REUTERS/Marcin Goclowski
The acquisition of the regional lender allows the Italian arm of France’s no.2 bank to double its market share in the country’s wealthiest areas at a time when competition is intensifying.
The head of Credit Agricole Italia, Giampiero Maioli, said the deal was concluded “with great satisfaction” and that it represented “a success for everyone”.