UPDATE 1-Italy’s Banca IFIS rules out M&A as it unveils new plan to boost profit
Italy’s Banca IFIS on
Tuesday set a 6% annual profit growth target under a new plan to
2022, ruling out any M&A in the near term after failing to
strike a deal last year to fold its bad loan business into rival
Credito Fondiario.
Tuesday set a 6% annual profit growth target under a new plan to
2022, ruling out any M&A in the near term after failing to
strike a deal last year to fold its bad loan business into rival
Credito Fondiario.
Posted by Reuters
