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Credit Agricole assesses Banco BPM stake amid record revenues and rising costs

Credit Agricole is awaiting the conclusion of the Banco BPM offer period before deciding on its nearly 20% stake, amid Unicredit's takeover efforts of the Italian bank. Despite posting record revenues in the first quarter, the results were tempered by increased costs and taxes, as noted by Deputy CEO Jerome Grivet.
marketscreener.com
Euro CREDIT AGRICOLE Banco BPM S.p.A. UniCredit S.p.A. FRA Jerome Grivet Anna Edwards Guy Johnson Kriti Gupta Show more
Finance & Economy, Market Report
11:22 30.04.2025

Credit Agricole assesses Banco BPM stake amid record revenues and rising costs

Credit Agricole is awaiting the conclusion of the Banco BPM offer period before deciding on its nearly 20% stake, amid Unicredit's takeover efforts of the Italian bank. Despite posting record revenues in the first quarter, the results were tempered by increased costs and higher taxes, as noted by Deputy CEO Jerome Grivet.
Yahoo Finance
Euro CREDIT AGRICOLE Banco BPM S.p.A. UniCredit S.p.A. FRA Jerome Grivet Anna Edwards Guy Johnson Kriti Gupta Show more
Finance & Economy, Transcript
09:27 30.04.2025
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