ECB approves Crédit Agricole’s stake increase in Banco BPM to 19.9%

In This Article: The European Central Bank (ECB) has authorised Crédit Agricole to increase its stake in Italian bank Banco BPM to up to 19.9% under the qualifying holding regime. This approval allows the French banking group to exceed the 10% threshold in Banco BPM's share capital. During the…