Italian Banking Chessboard – Part I: Strategic Openings (Jan–Feb 2025)

UniCredit, Commerzbank, Banco BPM, Anima, MPS, Mediobanca, Generali, Unipol, BPER and Banca Popolare di Sondrio are just few of the key players caught in the ongoing banking chessboard.

But what are the calculated moves and the drivers behind this surge in M&A activity in such a highly regulated sector? And what does it mean for the future of banking in Italy?

In our latest presentation – published also on LinkedIn – we analyze the forces at play, the major deals shaping the market and what lies ahead.

Authors: Marco Lodrini, Riccardo Consalvo, Michele Pinto, Federico Trossero.