(Adds dropped words in headline)
March 6 (Reuters) - UniCredit CEO Jean Pierre Mustier says at an event in Rome:
* THERE ARE STILL MANY RISKS IN ITALIAN BANKING SECTOR BUT NOT SYSTEMIC, CITING BAD LOANS AND UNDERCAPITALISATION
* CANNOT EXCLUDE THERE WILL BE SOME CONSOLIDATION IN ITALIAN BANKING SECTOR Further company coverage: (Reporting by Milan newsroom)
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