"If you assess individual banks in Italy, it's difficult not to believe that something will happen, I would say, over the next 12 months or so," Antonio Reale, co-head of European banks at Bank of America, told CNBC.
"If you assess individual banks in Italy, it's difficult not to believe that something will happen, I would say, over the next 12 months or so," Antonio Reale, co-head of European banks at Bank of America, told CNBC. "UniCredit, BMPS and some medium sized banks are likely to play a role in the potential future consolidation of the banking sector in Italy," De Caro added.
"Monte dei Paschi is looking for a partner, UniCredit is looking for possible targets. Hence from these banks, in theory several combinations could arise. However, no bank is in urgent need," she told CNBC via email.
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