Italy's Mediobanca rejects Monte dei Paschi's 'destructive' 13-billion-euro takeover bid
Tuscany's bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.
A decade and a half after the global financial crisis, two governments are still reducing their bank stakes
The fates of government-backed mortgage giants Fannie Mae (FNMA) and Freddie Mac (FMCC) are still to be determined, with new Treasury Secretary Scott Bessent saying no conservatorship should be ...
MPS Shares Slide Further as Mediobanca Board Meets to Discuss Bid
MPS shares were down 1.6% by 0820 GMT, having fallen 2% on Monday and 7% on Friday. Based on the proposed exchange ratio, ...
Monte Dei Paschi’s Surprise Bid for Mediobanca Fails to Convince Investors
Mediobanca’s board will meet on Tuesday morning to evaluate the unsolicited approach, which has garnered government support ...
European Banks May Find It Tough to Repeat Strong End-Of-Year Performance
LONDON/MADRID (Reuters) - European banks are expected to report a sharp rise in profits for the final three months of last ...
EconoTimes1d
Francesco Gaetano Caltagirone: Shaping Italy’s Financial Future
Italian billionaire Francesco Gaetano Caltagirone is playing a pivotal role in reshaping Italys financial sector. As a major ...
Italy's MPS shares fall ahead of Mediobanca board meeting on bid
Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday's losses, signalling lingering investor doubts over ...
Explainer: How billionaire Caltagirone could influence Italy's banking M&A wave
Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy's financial ...
GlobalCapital4d
UPDATED Political hand suspected as Monte dei Paschi makes astonishing Mediobanca bid
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 shares fall 7% after lender launches surprise 13-billion-euro bid for Mediobanca
Italy’s bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger ...
Italy's Monte Dei Paschi Bids 13.3 Bn Euro For Mediobanca
Italian bank Monte dei Paschi di Siena said Friday that it was launching a bid for all Mediobanca shares in a potential 13.3 billion euro ($13.9 billion) deal.