Monte dei Paschi di Siena said on Wednesday the European Central Bank had approved its proposed acquisition of rival Mediobanca , including under a scenario in which it gains a stake of less than ...

MILAN (Reuters) -Monte dei Paschi di Siena said on Wednesday the European Central Bank had approved its proposed acquisition of rival Mediobanca, including under a scenario in which it gains a ...

Monte dei Paschi said the European Central Bank approved the direct acquisition of a controlling shareholding in Italian investment bank Mediobanca MB1.04%increase; green up pointing triangle. The ...

Monte dei Paschi, whose single largest shareholder has been the Italian state since a 2017 bailout, launched a €13.3bn takeover of its larger rival in January that would shake up Italy’s ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Commission is examining the Italian government’s controversial sale of shares in Monte dei ...

Monte dei Paschi (MPS), which was a symbol of Rome’s banking problems for a decade until its state bailout in 2017, surprised investors in January when it announced its bid for the Milan-based ...

MILAN (Reuters) -Monte dei Paschi di Siena said on Wednesday the European Central Bank had approved its proposed acquisition of rival Mediobanca, including under a scenario in which it gains a stake ...

Monte dei Paschi di Siena (MPS) said on Wednesday that the European Central Bank had approved its proposed takeover of larger Italian lender Mediobanca.

Reuters reported last week that prosecutors in Milan were also looking into the sale of a stake in the bank to a small group of investors, without providing details on what part of the process was ...