After the failure of the MPS operation, the CEO of Banco BPM Giuseppe Castagna opened up to the possible merger between the Milanese credit institution and Crédit Agricole Italia, the Italian branch of the French bank which controls just under 30% of BPM. CA was among the main opponents of the merger with Bpm. Castagna announces the possible merger between Bpm and Crédit AgricoleThe CEO of Banco Bpm suggested, with some statements, that Crédit Agricole, a French bank which is the most important shareholder of Bpm with 29.3% of the shares, could evaluate a merger project between its Italian branch and the Milanese bank. What would change for account holdersThe merger between two banks present in the same territory usually brings some important changes for account holders. This would be a classic use of this law, to prevent a foreign company from taking control of an Italian bank.