Banca Monte dei Paschi di Siena S.p.A. — News

Italy's Monte dei Paschi di Siena (MPS) regards the premium implied in a €30.6 billion ($34.9 billion) ​unsolicited takeover bid from rival Intesa Sanpaolo as ‌too low, the bank said on Thursday.

reuters.com - 2026-07-16 12:26:47

Consolidation in the banking industry is "useful and healthy" ​as long as the industry ‌remains capable of serving all its different types of clients and competition ​is preserved, Monte dei Paschi ​CEO Luigi Lovaglio said on ⁠Tuesday.

reuters.com - 2026-06-23 03:26:03

The Italian government will take a neutral stance ​regarding merger and acquisition moves targeting ‌bank Monte dei Paschi di Siena (MPS) , Economy Minister Giancarlo Giorgetti told parliament on Thursday.

reuters.com - 2026-06-18 08:46:31

Italy's largest lender Intesa Sanpaolo has announced a €30.6 billion takeover offer for Monte Dei Paschi, just hours after Italy's Banco BPM reached out to the Italian bank's board to discuss its own potential merger.

youtube.com - 2026-06-08 07:22:57

Italy's largest banking group Intesa Sanpaolo said on Monday it had made a €30.6 billion ($35 billion) unsolicited cash-and-share bid to buy smaller rival Monte dei Paschi di Siena (MPS) to create the euro zone's second-largest lender.

reuters.com - 2026-06-08 06:18:03

The approaches pit Intesa and BPM against each other for control of their domestic rival, continuing a wave of dealmaking activity in Italy's banking industry.

wsj.com - 2026-06-08 01:36:00

Italian businessman Francesco Gaetano Caltagirone said on Thursday that merging Banca Monte dei Paschi di Siena (MPS) ​and Banco BPM could weaken the historic Tuscan bank ‌and pose a risk for Italian savings.

reuters.com - 2026-05-14 02:28:54

Banca Monte dei Paschi di Siena's (MPS) second-largest ​shareholder, Francesco Gaetano Caltagirone, said on ‌Thursday that the Italian lender should not sell its stake ​in Italy's top insurer ​Generali.

reuters.com - 2026-05-14 01:24:50

The bank's net profit was €520.8 million compared with €413.1 million in the year-earlier period, before the Mediobanca acquisition.

wsj.com - 2026-05-12 02:56:00

Italy's third-largest bank Monte dei Paschi di Siena on ​Tuesday posted better than expected ‌first quarter profits on rising revenues, confirming industry trends as it closed ​the reporting season for ​the sector.

reuters.com - 2026-05-12 02:02:21

The newly appointed board has officially reinstated Luigi Lovaglio's powers as chief and general manager following weeks of governance turmoil at the bank.

wsj.com - 2026-04-24 03:48:00

Newly appointed directors at Monte dei Paschi di Siena were set on Thursday to hand all key board positions to supporters of ​reinstated Chief Executive Luigi Lovaglio, a person close to the matter ‌said.

reuters.com - 2026-04-23 10:48:45