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Home > Finance > EBA says it can't answer Banco BPM's query on 'Danish Compromise' use

Finance

EBA says it can't answer Banco BPM's query on 'Danish Compromise' use

Published by Global Banking and Finance Review

Posted on March 27, 2025

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MILAN (Reuters) - The European Banking Authority (EBA) said it was not able to answer a query by Banco BPM on whether the Italian bank could tap favourable capital rules for insurance holdings to its proposed purchase of Anima Holding.

The EBA said in a document on its website the 'Q&A' tool Banco BPM had used to raise the query was not suitable for an issue which required more in-depth consideration.

(Reporting by Valentina Za, editing by Gianluca Semeraro)

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