Italy's Banco BPM strikes deal with unions on 550 hirings, 1,100 early retirements
Published by Global Banking & Finance Review®
Posted on December 19, 2024
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on December 19, 2024
1 min readLast updated: January 27, 2026

Banco BPM has agreed with unions for 550 new hires and 1,100 early retirements, signaling a major change in the Italian banking industry.
MILAN (Reuters) - Italy's Banco BPM has struck a deal with trade unions on 550 new hirings in exchange for 1,110 voluntary early retirements, the FABI banking sector union said on Thursday.
(Reporting by Andrea Mandala, writing by Alvise Armellini, editing by Gavin Jones)
The main topic is Banco BPM's agreement with unions for new hirings and early retirements.
The agreement involves 550 new hires and 1,100 voluntary early retirements.
The FABI banking sector union announced the deal.
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