Report
Banco BPM : Heightened risks
Banco BPM has acknowledged that its new 2020/2023 strategic plan presented in early March is no longer valid (it was predicated on a V-shaped scenario post Covid-19, with Italian GDP forecast to shrink by just 0.1% in 2020 before rebounding by 0.7% in 2021) and will unveil new financial targets once visibility improves on the economic scenario. - The trajectory of the cost of risk over the next two years will be one of the key variables, especially as management’s initial estimate ...
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Carine Maciol
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