Banco Bpm SpA (BAMI.MI)
Wed, Feb 7 2018
MILAN, Feb 7 Italy's third-largest bank Banco BPM has stepped up its target for shedding bad debts in an effort to lower them to around 11.5 percent of its total loans by the end of 2020.
* BNP PARBAS SECURITIES SERVICES SIGNS AGREEMENT TO BUY BANCO BPM'S CUSTODIAN BANKING ACTIVITIES
MILAN, Feb 7 Italy's third-largest bank Banco BPM said on Wednesday it was stepping up goals to shed bad debts in order to cut their weight over total lending to around 11.5 percent by the end of 2020.
MILAN, Jan 29 Italy's third-biggest bank Banco BPM could be part of a new wave of consolidation in the country, its Chief Executive Giuseppe Castagna told Corriere della Sera's L'Economia insert in an interview.
* CAPITAL RESEARCH AND MANAGEMENT COMPANY HAS 5.155 PERCENT OF BANCO BPM - REGULATORY FILING Source text for Eikon: Further company coverage:
MILAN France's BNP Paribas is the frontrunner to buy the depositary banking business of Italy's Banco BPM , which could be worth around 200 million euros ($245 million), two sources close to the matter said.
MILAN, Dec 19 Italian lender Banco BPM said on Tuesday its board had approved the sale of two without-recourse, unsecured bad loan portfolios: