Italy’s Paschi Stake Sale Is Step in Plan to Spur Bank M&A
Italian Prime Minister Giorgia Meloni moved forward with her plan to use the privatization of Banca Monte dei Paschi di Siena ...
New Italy Banking Force Begins to Emerge From Monte Paschi Deal
A possible new force in Italian banking has begun to take shape, after regional lender Banco BPM SpA took a major stake in ...
Italy Brings on Board Banco BPM in $1.2 Billion Monte Dei Paschi Stake Sale
Banco BPM, Italy's third-largest bank and the Italian Treasury's preferred option as a merger partner for MPS, said it had no ...
Banco BPM Is Likely a Buyer in Italy’s Newest Paschi Stake Sale
Italy is selling a 7% stake in Monte dei Paschi di Siena SpA, the latest step in an exhaustive restructuring drive that dates ...
Italy takes step towards possible bank M&A with Monte Paschi stake sale
Italy has begun to pave the way for a third big banking group in the country by selling a chunk of state-owned Monte dei ...
Italy's Delfin buys 3.5% stake in Monte dei Paschi, source says
Delfin, the holding of Italy's Del Vecchio family, bought a 3.5% stake in bailed-out bank Monte dei Paschi, a source with ...
5 things about the world's oldest bank that Italy sold it's stake in
Following an overpriced €9 billion acquisition in 2007, the Banca Monte dei Paschi di Siena went through a period of ...
Banca Monte dei Paschi di Siena shares jump after Italy cuts stake in lender
Investing.com - Shares in Banca Monte dei Paschi di Siena (BIT: BMPS) surged after Italy sold 15% of its stake in the ...
How Italy Swayed Its Tycoons to Pile Into Master Plan for Paschi
A little over a week ago, Italian Finance Minister Giancarlo Giorgetti approached some of the country’s wealthiest investors ...
Italy Sells New Paschi Stake as State Eyes Exit From Lender
Italy is selling a 7% stake in Monte dei Paschi di Siena SpA, the latest step in an exhaustive restructuring drive that dates ...
Banco BPM, Anima Buy Into Banca Monte Dei Paschi as Italian State Cuts Stake
The Italian government cut its shareholding in Banca Monte dei Paschi di Siena by 15%, in a transaction that raised 1.09 billion euros ($1.16 billion) and allowed peers Banco BPM and Anima Holding to ...
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Italy's Monte dei Paschi hikes 2024 profit goal after strong quarter
Having restructured under Lovaglio after a 2017 bailout and a 2022 cash call, Monte dei Paschi has begun benefitting from DTAs accumulated during years of steep losses. But Italy intends to ...