Mediobanca CEO expects second-tier banks to look at M&A in 2020
Second-tier banks in Italy, Spain
and possibly Germany are likely to consider mergers this year in
a bid to boost returns which are insufficient to cover their
cost of equity, the chief executive of investment bank
Mediobanca said.
and possibly Germany are likely to consider mergers this year in
a bid to boost returns which are insufficient to cover their
cost of equity, the chief executive of investment bank
Mediobanca said.
Posted by Reuters
