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.

Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar. Billed business-a metric that represents cardholder spending-increased 8% from a year ago.

Caltagirone last year expanded his investments in Italy's financial sector and is now a key shareholder in bailed-out bank ...

So much of Italy was shocked to wake up to an announcement on Friday that the world’s oldest bank — which is still subject to ...

In a bold move to consolidate Italy’s banking sector, Monte dei Paschi di Siena (MPS), the world’s oldest bank, unveiled a ...

By Valentina Za and Gianluca Semeraro MILAN (Reuters) -State-backed Monte dei Paschi di Siena on Friday joined in the ...

Market participants were amazed on Friday to read that Banca Monte dei Paschi di Siena was making an unsolicited bid to take ...

Monte dei Paschi launched a near-$14 billion offer to buy counterpart Mediobanca, a fresh twist in the consolidation of Italy ...

The major U.S. index futures are currently pointing to a roughly flat open on Friday, with stocks likely to show a lack of direction ...

A tie-up between two major Italian lenders would bring lopsided benefits to different groups of shareholders. Chris Hughes is ...