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Credit Agricole CFO Comments on Italy Market Strategy
Crédit Agricole's CFO Clotilde L'Angevin Original emphasized that Italy is a strategic market for the bank, contributing 20% of its net income. Regarding a potential merger between Banco BPM and Monte dei Paschi, she stressed Crédit Agricole's significant influence through its 29.3% stake in Banco BPM, stating the bank is essential to any deal structure.
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