Latest News for BNCZF
The increase was part of the French bank's commitment to the Italian market and the move is expected to lower its CET 1 ratio by around 35 basis points by the end of the second quarter.
France's Credit Agricole has informed the Italian government it plans to increase its stake in Banco BPM to near 30%, sources said, bolstering its grip on the country's fourth biggest bank amid a fresh merger wave in the sector.
Italy's top administrative court at the end of May declared extinguished an appeal by UniCredit in a legal row with the government over terms Rome had imposed on its bid for rival Banco BPM, a document showed.
Italian businessman Francesco Gaetano Caltagirone said on Thursday that merging Banca Monte dei Paschi di Siena (MPS) and Banco BPM could weaken the historic Tuscan bank and pose a risk for Italian savings.
Banco BPM S.p.A. (BNCZF) Q1 2026 Earnings Call Transcript
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