Banca Popolare Commercio Industria (Bpci Spa)

Type
Merger/Acquisition
Country
Italy
Region
Nord-Ovest; Lombardia;
Location of affected unit(s)
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
64 - Financial service activities, except insurance and pension funding
189 jobs
Number of planned job losses
Job loss
Announcement Date
14 March 2003
Employment effect (start)
Foreseen end date

Description

The Banca Popolare di Commercio Industria will join the group Banche Popolari Unite on the 1st of July 2003. All the 741 workers will be employed in the new group, but the number of workers will be decreased by 189 unities in three years.

Sources

  • 14 March 2003: L'Eco di Bergamo

Citation

Eurofound (2003), Banca Popolare Commercio Industria (Bpci Spa), Merger/Acquisition in Italy, factsheet number 59419, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/59419.