(Finance) – From Consob communications relating to significant shareholdings, it appears that on 4 April the US investment bank JPMorgan had one overall share of 6.472% in the capital of Banco BPM. In detail, the stake was divided into 5.266% of JPMorgan Securities PLC, 0.591% of JPMorgan Securities LLC and 0.615% of JPMorgan SE. To this is added a further 0.057% represented by “equity swaps” with a maturity date between May 12, 2022 and May 3, 2023.
This represents one novelty with respect to what emerged from the assembly of the shareholders of April 7. From reading the shareholders’ register, it emerged that the shareholders of the bank with over 3% of the capital were: Davide Leone and Partners Investment Company (as manager of Davide Leone and Partners Opportunities Master Fund LTD and Davide Leone and Partners A Fund LP) with an overall stake of 4.697%, Adar Macro Fund Ltd with 4.949%, Capital Research and Management Company with 4.988%.
April 8 Credit Agricole he then announced that he had acquired one equity investment equal to 9.18% in Banco BPM as a result of purchases on the market and an operation with a leading international investment bank, and therefore the participation of JPMorgan in the Milanese bank it may have already been taken apart. The Consob communication shows that the French banking group’s stake in Banco BPM is held through its subsidiary Delfinances SAS.