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Avanchair: crowdfunding successfully closed for the high-tech wheelchair promoted by Enel and Banco BPM enel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from enel.com Daily Mail and Mail on Sunday newspapers.
By Reuters Staff 2 Min Read MILAN, Feb 18 (Reuters) - Italy’s Banco BPM and the biggest investor in BPER Banca have begun working on a potential merger of the two banks that could be launched in the second half of 2021, La Stampa daily reported, citing unnamed sources. Banco BPM Chief Executive Giuseppe Castagna and Carlo Cimbri, the head of BPER Banca’s top shareholder Unipol , are in talks on the governance such merged entity could have, the paper said. The potential tie-up was spearheaded by Banco BPM Chairman Massimo Tononi and could “count on the support of some important shareholders”, the paper reported. ....
Italy's Banco BPM, investor in BPER in talks on possible merger, La Stampa says reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
By Reuters Staff 2 Min Read MILANO, Feb 9 (Reuters) - Banco BPM is studying what the best fit would be for Italy’s third-largest bank in a possible merger, its chief executive said on Tuesday, adding a tie-up remained a key objective. Despite a reduction in the number of lenders in recent years, Italy’s banking industry continues to be fragmented and last year’s unsolicited takeover by Intesa Sanpaolo of rival UBI has increased competitive pressure. Consolidation is expected to accelerate further this year, helped by tax incentives for mergers taking place in 2021. Speaking to analysts after presenting full-year results Banco BPM CEO Giuseppe Castagna reiterated the lender was “open” to seeking a possible merger accord. ....
Exclusive: Italy's Banco BPM, BPER considering merger in first half 2021 - sources reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.