Copyright 2025 The Associated Press. All Rights Reserved. A man waits for the sliding doors to open to exit a Monte dei Paschi di Siena bank branch, in Milan, Italy ...

The board of Italy’s Mediobanca MB2.54%increase; green up pointing triangle rejected Banca Monte dei Paschi di Siena’s $14 billion takeover offer, saying it would destroy value for shareholder ...

MILAN (Reuters) -Italian bank Mediobanca (OTC:MDIBY) on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena, saying a tie-up would be detrimental to its shareholders ...

Italy’s Banca Monte dei Paschi di Siena’sBMPS1.46%increase; green up pointing triangle surprise buyout offer for peer Mediobanca MB 2.66%increase; green up pointing triangle on Friday garnered ...

MILAN (AP) — Italian bank Mediobanca on Tuesday rejected a surprise takeover attempt by domestic rival Monte dei Paschi di Siena. Mediobanca said in a statement that the offer “is devoid of ...

Mediobanca rejected MPS offer calling it destructive on Tuesday. It also cited a lack of industrial and financial rationale for the rejection. Both Mediobanca and Monte dei Paschi stocks are in ...

The board of Italy's Mediobanca is set to meet Tuesday to review the almost $14-billion approach made last week by peer Banca Monte dei Paschi di Siena. The world's oldest bank launched a surprise ...

The bank that “no one wanted has put itself center stage.” The development reflects the rapid turnaround of Monte Paschi in recent years under Chief Executive Officer Luigi Lovaglio ...

ROME (Reuters) - Italy's government gave its backing on Friday to Banca Monte dei Paschi's (MPS) bid for merchant bank Mediobanca, as the proposed deal may strengthen the country's banking system and ...

The last time Banca Monte dei Paschi di Siena SpA bought another lender, it was the beginning of the road to collapse and nationalization. So when Paschi announced an unsolicited €13.4 billion ($14.1 ...