MILAN (Reuters) – UniCredit’s quote for Banco BPM elevates worries concerning the potential impact of the discount on duties, the monetary market’s major union acknowledged on Thursday.
“There is great concern about the employment fallout that could result from the deal. The numbers circulated so far are worrying and call for deep thought,” FABI union acknowledged in a declaration.
It included that the deal was a “market transaction, in a phase of radical changes in the banking sector, both at a national and European level”.
(Reporting by Andrea Mandala, creating by Giulia Segreti, modifying by Gianluca Semeraro)
