Market Chatter: BBVA CEO Onur Genc Says No Plans for Italy M&A

MT Newswires Live12-03

BBVA (BBVA) Chief Executive Onur Genc said the company does not plan any M&A operations in Italy, Il Sole 24 Ore Radiocor reported Wednesday, citing comments on the sidelines of a press meeting in Milan.

"We are here as a digital bank and in the future we see only digital banking," Genc was quoted as saying.

BBVA did not immediately reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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