Banco BPM focused on growing as a standalone lender, CEO says

PARMA, Italy, Feb 12 (Reuters) – Banco BPM (BAMI.MI) is focused on growth opportunities as a standalone lender, the head of Italy’s third-largest bank said on Saturday, a day after renewed speculation that larger rival UniCredit (CRDI.MI) could launch a takeover bid pushed shares up 10%.

With its roots in the wealthy Lombardy region Banco BPM, which has a market capitalisation of around 5.4…

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