Italy's BPM ups guidance, eyes Credit Agricole Italy for M&A after MPS talks end | live
By Andrea Mandala MILAN, Aug 5 (Reuters) - Banco BPM strengthened its 2026 profit outlook on Wednesday and said it would consider a tie-up with the Italian unit of Credit Agricole, after failing to strike a deal with Monte dei Paschi di Siena (MPS). Banco BPM, Italy's fourth-largest bank, last week said it was abandoning a plan to seek a merger with MPS after making no definitive progress since it first proposed discussing a tie-up in early June.
By Andrea Mandala MILAN, Aug 5 (Reuters) - Banco BPM strengthened its 2026 profit outlook on Wednesday and said it would consider a tie-up with the Italian unit of Credit Agricole, after failing to strike a deal with Monte dei Paschi di Siena (MPS). Banco BPM, Italy's fourth-largest bank, last week said it was abandoning a plan to seek a merger with MPS after making no definitive progress since it first proposed discussing a tie-up in early June.
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