let's get straight to our exclusive interview since his appointment back in 2013, carlow mussina has overseen a steadily rising share price at italy's biggest bank. but this week's 4.9 billion euro offer took markets by surprise. the ideations deal would be one of the biggest consolidations. i'm pleased to be joined by the chief executive of intense us and follow carlo messina. i know it is very busy days for you. what have investors told you about the move austin mark what do they like and what do they question? carlo: so, good morning. investors like the move. the designing of the move. supervisor that the want the european bank to be consolidated. the points in the transaction is that it is creative. we can create value for both. it is absolutely positive from our side. francine: when you talk about regulators, can you tell us if you think the ecb is 100% behind the move? francine,is clear, that it is impossible for a bank like us, one of the strongest anks in europe, to make transaction without any positive implications from the supervisor. transaction is completely in line with