0927 GMT - Banco BPM is the most relevant consolidation option for Italian bank Monte dei Paschi, once it integrates Mediobanca, Equita says in a note. Monte dei Paschi's CEO said that his enlarged group will have a solid capital position and will be able to evaluate further M&A deals. The CEO of Banco BPM, which fended off UniCredit's takeover approach earlier this year, has recognized the possibility of joining forces with Monte dei Paschi. "A possible BMPS-MB-BAMI deal, carried out in a friendly manner, would in our view enjoy broad political support," analyst Andrea Lisi writes. This would create a true national champion with an over 45 billion euro market capitalization, Lisi adds. Monte dei Paschi's shares are flat at 7.61 euros. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
October 03, 2025 05:27 ET (09:27 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.