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KM Financial Solutions | CORRECTED-UPDATE 1-Banco BPM eyes bad-loan unit sale to speed up clean-up – sources
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CORRECTED-UPDATE 1-Banco BPM eyes bad-loan unit sale to speed up clean-up – sources

03 Jun CORRECTED-UPDATE 1-Banco BPM eyes bad-loan unit sale to speed up clean-up – sources

Posted at 09:38h in News by
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MILAN, May 31 (Reuters) – Italy’s third largest bank, Banco
BPM, is looking to sell part of its debt servicing
unit as it strives to meet its bad-loan reduction goals two
years ahead of time, sources familiar with the matter said.

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