The results of Bpm in the first quarter of 2013 have gone into the background because il the main catalyst for prices remained the debate on the process of transforming the popular bank into a public limited company. The president Andrea Bonomi, the main promoter of this process, admitted that the hypothesis of the "hybrid spa" (emerging recently) is not the only one on the table in view of solving the governance and transparency problems that the Bpm group has revealed in recent years.
The increases in recent months were mainly fueled by the speculative appeal that the title received from the possibility of transforming the popular bank into a joint-stock company. In the early afternoon, the Bpm stock is below the reference and against the trend. The action of the Milanese bank at 16.00 marks a drop of more than one percentage point.
