Published by Global Banking & Finance Review®
Posted on December 11, 2025
1 min readLast updated: January 20, 2026
Add as preferred source on GoogleBanco BPM's CEO confirms no current discussions with Credit Agricole or MPS, but future opportunities will be evaluated.
MILAN, Dec 11 (Reuters) - Banco BPM Chief Executive Giuseppe Castagna said on Thursday his bank had not examined any deal with France's Credit Agricole and had nothing on the table regarding Monte dei Paschi di Siena, though any future opportunity would be assessed carefully.
Addressing a parliamentary committee in Rome, Castagna said that Credit Agricole "as of today has expressed no intention to make an acquisition, either to the ECB or to us".
(Reporting by Andrea Mandala, editing by Alvise Armellini)
Banco BPM is an Italian banking group formed from the merger of Banco Popolare and Banca Popolare di Milano, focusing on retail and corporate banking services.
Credit Agricole is a French multinational banking group, known for its cooperative banking model, providing a range of financial services including retail banking, insurance, and investment.
Monte dei Paschi di Siena is one of the oldest banks in the world, based in Italy, offering various banking and financial services, including retail and corporate banking.
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