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(From AFX Europe (Focus))
MILAN (AFX) - A Banca Popolare Italiana spokesman said the bank will hold a board meeting today, but will not discuss any possible mergers of the bank, rejecting broker speculation in morning notes.
Instead, the board is discussing its reply to a Bank of Italy report on Popolare Italiana, he said, adding that this reply is a formality.
The Popolare Italiana board is nearly certain to meet again on Sept 27 and Oct 4, he said, but no details on the agenda are available.
Yesterday, there were reports that continuing to remain …