Intesa Sanpaolo is "far from the confusion" in Italy on mergers and acquisitions amid UniCredit's bid for Banco BPM and Monte ...
CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy's Treasury picked him ...
Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer ...
Monte dei Paschi, Italy’s oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger ...
The deal could potentially help both Monte dei Paschi and Mediobanca maintain a robust capital position, as well as deliver profits.
Italy will support lender Banca Monte dei Paschi Siena SpA’s bid to take over larger rival Mediobanca SpA, saying a successful move would benefit the country’s economy.