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MILAN (Reuters) -State-backed Monte dei Paschi di Siena (MPS) on Thursday posted a smaller than expected 5% quarterly drop in ...

Monte dei Paschi di Siena (MPS) closed 2024 with a net profit of 1.95 billion euros, down by 4.9% compared to the 2.05 ...

The Italian banking group Unicredit over 4% of the control of General, The largest insurance company in our country. The ...

MILAN (Reuters) - Milan mayor Giuseppe Sala on Wednesday sided with Mediobanca in a takeover battle launched by state-backed ...

Mediobanca rejected a 13.3 billion-euro takeover attempt by Monte dei Paschi, citing a lack of industrial logic and potential ...

Mediobanca said in a statement that the offer “is devoid of industrial and financial rationale.” Monte dei Paschi, Italy’s ...

On Friday, MPS joined the consolidation wave sweeping Italian banking with a 13.3 billion euro ($13.96 billion) all-share ...

Another European bank is in play, with Italy's Mediobanca fielding a surprise takeover offer from rival Monte dei Paschi. Shares in the target surged, while those in the bidder fell. Get the full stor ...

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 ...

Del Vecchio and Caltagirone are also the largest shareholders in Mediobanca, with combined stakes close to 30%. After decades of financial struggles and restructuring attempts, Monte Paschi has been ...