Banco BPM (BAMI IM) says it considers considers Credit Agricole (ACA FP) and Monte dei Paschi (BMPS IM) as natural M&A targets b ut deals are not necessarily ideal, will wait and see

Banco BPM has identified Credit Agricole and Monte dei Paschi as potential M&A targets, but indicates that any deals are not currently ideal and that they will adopt a wait-and-see approach. This cautious stance may suggest that while there is strategic interest in consolidation, market or regulatory conditions are likely shaping their decision-making process, particularly amid ongoing sector dynamics. Such comments could influence sector sentiment and indicate potential volatility in share prices if further developments arise.