MILAN (Thomson Financial) - Banco Popolare will reach its 2008 target for a
Tier 1 capital adequacy ratio of 7.5 percent, CEO Fabio Innocenzi said in an
interview with the daily MF.
He said the bank has a Tier 1 ratio of between 7 and 7.2 percent following
recent joint venture deals with Assicurazioni Generali SpA and Credit Agricole
SA..
Innocenzi also said Banco Popolare is seeking partners for its asset
management operations and its investment banking unit Efibanca.
danilo.masoni@thomsonreuters.com
dm/ejb
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