MILAN (Reuters) -State-backed Monte dei Paschi di Siena (MPS) on Thursday posted a smaller than expected 5% quarterly drop in ...
Three tsunamis in ten days (Trump 2.0, the Chinese challenge on Artificial Intelligence, and the MPS takeover of Mediobanca ...
Monte dei Paschi di Siena announces an operation for the acquisition of Mediobanca, with a move that would herald a real earthquake in the dynamics of Italian finance by shifting the balance of ...
The discount to market prices represented by Monte dei Paschi's bid (MPS) for Mediobanca widened further on Monday, ...
However, the credit rating agency flagged risks Mediobanca could lose clients or staff given that MPS is perceived "as a ...
Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena , saying a ...
On Friday, MPS joined the consolidation wave sweeping Italian banking with a 13.3 billion euro ($13.96 billion) all-share ...
Mediobanca rejected a €7bn takeover bid from MPS, calling it “destructive of value” and warning it would weaken its business ...
CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy's Treasury picked him ...
However, the credit rating agency flagged risks Mediobanca could lose clients or staff given that MPS is perceived "as a weaker and less specialised peer" in corporate investment banking and ...
MPS is offering 23 of its own shares for every 10 Mediobanca shares tendered. Mediobanca shares were up fractionally by 0.3% after Friday's 7.7% jump. Italy's banking index rose 0.3%.