Banco Bpm SpA (BAMI.MI)
19 Jan 2018
Thu, Jan 18 2018
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:
* fines diamond brokers Diamond Private Investment (DPI) and Intermarket Diamond Business (IDB) for fraudulent commercial practices in selling diamonds through distributor banks
Oct 20 The chairman of Italian insurer Cattolica:
* presents binding offer for bancassurance partnership with Banco BPM
LONDON/MILAN Italy's third-largest bank, Banco BPM , is set to pocket up to 1.1 billion euros ($1.3 billion) from the sale of its asset management business Aletti Gestielle SGR to domestic rival Anima Holding , the companies said.
* Banco BPM and Anima sign 20-year commercial partnership (Adds comment from conference call)
Aug 4 Banco Bpm Spa, Anima say in a joint statement:
MILAN, Aug 1 Banco BPM aims to ink the sale of its Aletti Gestielle unit to asset manager Anima Holding by the end of the week, three sources familiar with the matter said on Tuesday.