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A new chapter opens for the Italian banking risk. With a surprise move, the French Credit Agricole announced on Thursday evening the acquisition of a 9.18% stake in BancoBpm, “thus strengthening the long-standing relationship” existing with Piazza Meda, as stated in a note issued directly from Paris.
The announcement of Paris
The operation in the capital of the Italian bank took place following «purchases on the market and an operation with a primary financial institution …