Unipol-backed BPER joins Italy's M&A frenzy with $4.5 billion Pop Sondrio bid
Italy's fourth-largest bank BPER on Thursday joined in a raft of takeover bids rocking the country's financial sector, with a ...
Mediobanca suitor MPS says investors starting to understand deal
By Valentina Za MILAN (Reuters) -Monte dei Paschi CEO Luigi Lovaglio said initial meetings with investors to explain the ...
Exclusive-Billionaire Generali Investor Weighs Candidates for CEO Challenge
MILAN (Reuters) - One of Generali's biggest investors is considering challenging the reappointment of longstanding CEO ...
Paschi Takeover Could Be Negative for Mediobanca, Moody’s Says
Moody’s Ratings sees some potential risks for Mediobanca SpA in a possible combination with Banca Monte dei Paschi di Siena ...
Fitch Says MPS Bid for Mediobanca Carries Risks, but Too Early to Assess
However, the credit rating agency flagged risks Mediobanca could lose clients or staff given that MPS is perceived "as a ...
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Fitch says MPS bid for Mediobanca carries risks, but too early to assess
MILAN, Jan 31 (Reuters) - Monte dei Paschi di Siena's (BMPS.MI), opens new tab acquisition of bigger rival Mediobanca (MDBI.MI), opens new tab would be challenging to implement if the Tuscan bank ...
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Fitch says MPS bid for Mediobanca carries risks, but too early to assess
MILAN (Reuters) - Monte dei Paschi di Siena's acquisition of bigger rival Mediobanca would be challenging to implement if the Tuscan bank's bid succeeded, Fitch Ratings said on Friday. While any ...
Monte Paschi's Q4 profits exceed expectations
Investing.com -- Banca Monte dei Paschi di Siena SpA, an Italian banking institution, reported a fourth-quarter net income of €384.9 million ($400 million), surpassing the analysts' projected profit ...
Italy makes a meal of bank takeovers
Italian financiers rarely opt for a simple plan where a complicated one would do. That shows in a five-way pile-up taking shape between the country’s banks and insurers. It’s a power struggle that ...