Banco BPM shares rose over 2% after Crédit Agricole announced plans to increase its stake from 9.9% to 15.1%. This move aligns with Crédit Agricole's long-term investment strategy. Banco BPM previously rejected an unsolicited €10.1bn bid from UniCredit, citing undervaluation and concerns over job losses. The Italian government may block a UniCredit takeover if deemed not in the national interest. Banco BPM is also pursuing its own expansion through a bid for Anima Holding and potential merger talks with Monte dei Paschi di Siena. Teljes cikk (Euronews.com)