Banco BPM CEO flags significant job cut risks with UniCredit deal

Banco BPM CEO flags significant job cut risks with UniCredit deal

Banco BPM's CEO warns of potential job losses due to UniCredit's takeover bid. UniCredit offered 0.175 shares for each Banco BPM share. The bid was rejected, citing concerns about job cuts and competition. Banco BPM values its independence and strategic moves, including acquiring Anima Holding.

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