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Banco Bpm SpA (BAMI.MI)

BAMI.MI on Milan Stock Exchange

2.64EUR
8:28am EST
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€-0.10 (-3.79%)
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€2.74
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Volume
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Mon, Oct 30 2017

BRIEF-Italy's Antitrust fines diamond brokers, banks for fraudulent practices

* fines diamond brokers Diamond Private Investment (DPI) and Intermarket Diamond Business (IDB) for fraudulent commercial practices in selling diamonds through distributor banks

BRIEF-Italy's Cattolica files binding offer for bancassurance deal with Banco BPM

* presents binding offer for bancassurance partnership with Banco BPM

Banco BPM agrees $1.3 billion sale of asset manager to Anima

LONDON/MILAN Italy's third-largest bank, Banco BPM , is set to pocket up to 1.1 billion euros ($1.3 billion) from the sale of its asset management business Aletti Gestielle SGR to domestic rival Anima Holding , the companies said.

UPDATE 2-Banco BPM agrees $1.3 bln sale of asset manager to Anima

* Banco BPM and Anima sign 20-year commercial partnership (Adds comment from conference call)

BRIEF-Banco BPM confirms sale of Aletti Gestielle to Anima

Aug 4 Banco Bpm Spa, Anima say in a joint statement:

Banco BPM aims to clinch Aletti sale to Anima this week - sources

MILAN, Aug 1 Banco BPM aims to ink the sale of its Aletti Gestielle unit to asset manager Anima Holding by the end of the week, three sources familiar with the matter said on Tuesday.

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