Crédit Agricole has engaged Deutsche Bank and Rothschild to advise on a potential merger of its Italian operations with Banco BPM, Reuters reported citing sources. The move comes as Banco BPM evaluates strategic options following a failed takeover attempt by UniCredit, amid ongoing consolidation in Italy’s banking sector. Banco BPM’s CEO, Giuseppe Castagna, described a potential deal with Crédit Agricole Italia as the “clearest option” for his group, noting it would benefit Italy’s economy. Crédit Agric ...