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Credit Agricole
Trends
- 1Credit Agricole weighs potential acquisition of Italy's BPM●Credit Agricole is studying a range of options to strengthen its business in Italy, including a potential acquisition of
Credit Agricole is studying a range of options to strengthen its business in Italy, including a possible acquisition of Banco BPM, in which the French bank already holds a stake of almost 30%. The two groups have been long-time partners, and a full takeover would mark a significant consolidation step in the Italian banking market. Observers are watching whether the French lender will move ahead with a bid.