Advertisement
Singapore markets open in 5 hours 17 minutes
  • Straits Times Index

    3,367.90
    +29.33 (+0.88%)
     
  • S&P 500

    5,501.69
    +26.60 (+0.49%)
     
  • Dow

    39,313.83
    +144.31 (+0.37%)
     
  • Nasdaq

    18,000.10
    +120.80 (+0.68%)
     
  • Bitcoin USD

    62,016.05
    -1,172.34 (-1.86%)
     
  • CMC Crypto 200

    1,333.86
    -10.65 (-0.79%)
     
  • FTSE 100

    8,121.20
    -45.56 (-0.56%)
     
  • Gold

    2,338.70
    -0.20 (-0.01%)
     
  • Crude Oil

    82.92
    -0.46 (-0.55%)
     
  • 10-Yr Bond

    4.4360
    -0.0430 (-0.96%)
     
  • Nikkei

    40,074.69
    +443.63 (+1.12%)
     
  • Hang Seng

    17,769.14
    +50.53 (+0.29%)
     
  • FTSE Bursa Malaysia

    1,597.96
    -0.24 (-0.02%)
     
  • Jakarta Composite Index

    7,125.14
    -7,139.63 (-50.05%)
     
  • PSE Index

    6,358.96
    -39.81 (-0.62%)
     

Banco BPM's board to discuss non-life insurance partnership on Tuesday - sources

Banca Popolare di Milano (BPM) logo is seen outside the bank in downtown Milan

MILAN (Reuters) - The board of Italy's third-largest bank Banco BPM will meet on Tuesday over a non-life insurance partnership which is pitting French bank Credit Agricole against insurer AXA, two sources said on Monday.

The two French companies are the main contenders for the deal. The sources said Banco BPM may decide on Tuesday a bidder to continue discussions on an exclusive basis.

(Reporting by Andrea Mandala and Valentina Za, editing by Cristina Carlevaro)