New twist for Italian banking riskwith a potential operation between two of the oldest and best-known brands in the sector.
Italy's Banca Monte dei Paschi di Siena launched a $13.86 billion all-share offer to buy peer Mediobanca Banca di Credito Finanziario, the latest sign of dealmaking appetite among European banks.
Banca Monte dei Paschi di Siena SpA offered to acquire larger rival Mediobanca SpA in a €13.3 billion ($13.9 billion) all-share deal, the latest unexpected twist in a series of takeover attempts ...
Caltagirone last year expanded his investments in Italy's financial sector and is now a key shareholder in bailed-out bank ...
The last time Banca Monte dei Paschi di Siena SpA bought another lender, it ended in tears.Most Read from BloombergWhat ...
MILAN (Reuters) - Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early ...
In a bold move to consolidate Italy’s banking sector, Monte dei Paschi di Siena (MPS), the world’s oldest bank, unveiled a ...
The big hope is that Europe will move faster to implement reforms in the face of competitive threats from the U.S. Billed business-a metric that represents cardholder spending-increased 8% from a year ...
Market participants were amazed on Friday to read that Banca Monte dei Paschi di Siena was making an unsolicited bid to take ...
A tie-up between two major Italian lenders would bring lopsided benefits to different groups of shareholders. Chris Hughes is ...
Italian lender Monte dei Paschi di Siena announced on Friday it was launching a 13.3 billion euro ($13.9 billion) takeover bid for peer Mediobanca in a surprise move that could reshape the country’s ...
Under founder Enrico Cuccia, Mediobanca pulled the strings of Italian post-war finance. Now it is under siege, with former ...