--Italian bank Banco BPM SpA signed a non-disclosure agreement with the Italian arm of Credit Agricole SA to explore a potential merger, Il Messaggero reports.

--The agreement involves the exchange of confidential information between the two banks, according to the Italian news outlet.

--Banco BPM and Credit Agricole Italia SpA didn't immediately respond to requests for comment.

Write to Barcelona editors at barcelonaeditors@dowjones.com

(END) Dow Jones Newswires

October 15, 2020 10:37 ET (14:37 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
Banco BPM (BIT:BAMI)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Banco BPM Charts.
Banco BPM (BIT:BAMI)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Banco BPM Charts.