Mercoledì 23 Gennaio 2019 | 09:07

NEWS DALLA SEZIONE

Salerno
Parents 'abused daughter for at least a year'

Parents 'abused daughter for at least a year'

 
Rome
Proposal for teachers to remain at same school for 5 yrs

Proposal for teachers to remain at same school for 5 yrs

 
Milan
Soccer: Piatek set to join Milan from Genoa

Soccer: Piatek set to join Milan from Genoa

 
Milan

Soccer: Piatek set to join Milan from Genoa +RPT+

 
Milan

Soccer: Piatek set to join Milan from Genoa +RPT+

 
Prato
Chinese man nabbed for exploiting co-nationals

Chinese man nabbed for exploiting co-nationals

 
Milan

Soccer: Platek set to join Milan from Genoa

 
Milan

Soccer: Platek set to join Milan from Genoa

 
Rome
Salvini dismisses charges of Nazism

Salvini dismisses charges of Nazism

 
Berlin
Germany exits Sophia mission due to Italy hard line

Germany exits Sophia mission due to Italy hard line

 
Rome
Castelnuovo priest calls for humane migrant treatment

Castelnuovo priest calls for humane migrant treatment

 

Milan

Banco Popolare and BPM stocks soar amidst merger talk (2)

Union would create Italy's 3rd-biggest lender

Banco Popolare and BPM stocks soar amidst merger talk (2)

Milan, January 13 - Shares of Banco Popolare and Banco Popolare di Milano (BPM) rose sharply on Wednesday as talk increased of a possible merger between the two Italian cooperative banks. Banco Popolare shares trading was suspended for excessive volatility after jumping more than 6%, while BPM increased 4.9% to 88 cents per share. Rumours have grown in recent days that the Verona and Milan-based institutions are already in advanced negotiations for a so-called "merger of equals" that would create Italy's third-largest lender, following Intesa and Unicredit, worth 172 billion euros and with 2,484 branches. The merger would result in legal headquarters in Milan with an administrative base in Verona, ANSA sources said. Banco Popolare President Carlo Fratta Pasini would be at the helm of the new merged institution, with BPM CEO Giuseppe Castagna head of operations, while Banco Popolare CEO Pier Francesco Saviotti set to preside over the executive committee. UBI Banca is also rumoured to be a possible player in the merger, and its stock rose 3.76% Wednesday.

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