Crédit Agricole/Banco BPM – What does the deal mean for asset management ?
Publié le 9 nov. 2026 à 12:17
M&A – Crédit Agricole has just invited Banco BPM to begin merger talks, with a view to combining with Crédit Agricole Italia. By contributing its Italian subsidiary, the group led by Olivier Gavalda would increase its stake in the Italian bancassurer from 29.6% to around 45%. In asset management, the French bank already controls Amundi, Europe’s sector leader, while Banco BPM last year acquired Anima Holding, Italy’s top asset manager.
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