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credit agricole to decide on unicredit bid for banco bpm soon

Credit Agricole is set to decide in the coming weeks on whether to engage in UniCredit's public exchange offer for Banco BPM, as stated by outgoing CEO Philippe Brassac. He emphasized the need to review all terms related to this consolidation before making a decision. Meanwhile, the bank reported a 4.2% decline in net profit for Q1, totaling €1.82 billion, attributed to increased government taxes.
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Euro CREDIT AGRICOLE UniCredit S.p.A. Banco BPM S.p.A. FRA Stefano Bernabei Antonella Cinelli Philippe Brassac Show more
Business & Industry, News Article
08:29 30.04.2025
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