According to Christian Scarafia , 
Senior Director, Financial Institutions, Fitch Ratings, “The merger would create the largest domestic banking group in Italy with a strong nationwide franchise and a market share exceeding 20%.” The performances of Banca Intesa and Sanpaolo are strong, as the banks registered a whopping 46% and 56% (year-on year) rise in net profits respectively during the quarter ended March 2006. The present merger is likely to push M&A activity in the Italian banking sector – already rumours related to Capitalia, Monte dei Paschi di Siena, and Banca Popolare Italiana have started mounting their head.
For Complete IIPM – Editorial , Please Click on IIPM-Editorial Link
Senior Director, Financial Institutions, Fitch Ratings, “The merger would create the largest domestic banking group in Italy with a strong nationwide franchise and a market share exceeding 20%.” The performances of Banca Intesa and Sanpaolo are strong, as the banks registered a whopping 46% and 56% (year-on year) rise in net profits respectively during the quarter ended March 2006. The present merger is likely to push M&A activity in the Italian banking sector – already rumours related to Capitalia, Monte dei Paschi di Siena, and Banca Popolare Italiana have started mounting their head.For Complete IIPM – Editorial , Please Click on IIPM-Editorial Link
Source:- IIPM-B&E , Initiative:- Prof. Arindam Chaudhuri - 2006
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