EMCC European Monitoring Centre on Change

Banca Popolare Commercio Industria (Bpci Spa)

Company/Organisation:
Banca Popolare Commercio Industria (Bpci Spa)

Geographic Location

Country: Italy
Region: Lombardia; Nord Ovest

Company

Sector: Financial services
Financial and insurance activities
64 - Financial service activities, except insurance and pension funding
Number Employed: 741

Employment Effects

Announcement Date: 14-03-2003
Planned Job Reductions min: 189
Planned Job Reductions max: 189
Type of Restructuring: Merger/Acquisition

Additional Information

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.