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Banco BPM S.p.A. (BNCZF)

OTC Markets OTCPK - OTC Markets OTCPK Delayed Price. Currency in USD

6.61

0.00

(0.00%)

At close: 03:00PM EST

Trade prices are not sourced from all markets

All

Reuters
Italy's Banco BPM bids for asset manager Anima, boosting shares of both
MILAN (Reuters) -A bid by Italy's third-largest bank Banco BPM to acquire full control of fund manager Anima Holding sent shares of both soaring on Thursday. Banco BPM will use its insurance business, which allows it to minimise the use of capital thanks to favourable rules known as 'Danish compromise'. The Danish compromise rule became permanent this year and authorities have clarified it also applies to the assets a bank buys via its insurance arm.
GuruFocus.com
Banco BPM SpA (BNCZF) Q3 2024 Earnings Call Highlights: Strong Performance and Strategic Moves
Banco BPM SpA (BNCZF) reports robust growth, increased EPS guidance, and strategic initiatives amid challenges in core deposits.