Banca Monte dei Paschi di Siena SpA’s takeover bid for rival Mediobanca SpA is a “market operation” reflecting the revived lender’s strength, Italian Prime Minister Giorgia Meloni said.Most Read from ...
The last time Banca Monte dei Paschi di Siena SpA bought another lender, it was the beginning of the road to collapse and ...
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.
Banca Monte dei Paschi di Siena SpA offered to acquire larger rival Mediobanca SpA in a €13.3 billion ($13.9 billion) ...
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 ...
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 ...
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 ...