By Jean Comte ( April 1, 2025, 09:54 GMT | Comment) -- Banco BPM is to go ahead with its plan to buy asset manager Anima despite its supervisor, the ECB, pushing against the favorable capital requirements treatment that the bank was expecting. The central bank's stance could complicate things for UniCredit's own bid for Banco BPM, meanwhile, and it worsens the perspective for banking consolidation in the EU, including BNP Paribas' acquisition of Axa's asset-management arm.For bosses of Italian lender Banco BPM, the message is clear: full speed ahead for the planned acquisition of asset management giant Anima....
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