Monte Paschi

Monte Paschi ‘Unthinkable’ Move on Larger Rival Stuns Italy

2025-01-25 16:39:00 : (Bloomberg) — The last time Banca Monte dei Paschi di Siena Spa bought another lender, it ended in tears. That’s why much of Italy was shocked by the announcement on Friday that the world’s oldest bank – still under a government bailout – wants to buy out bigger competition for 13.4 billion … Read more

Paschi was surprised to provide 13 billion euros for Mediobanca

Paschi Makes Surprise €13 Billion Share Offer for Mediobanca

2025-01-24 14:32:00 : Banca Monte Dei Paschi Di Siena Siena SPA proposed that it has obtained greater competitors Mediobanca SPA with a full shared agreement of 13.3 billion euros, which is a series of latest accidental turning in the Italian banking acquisition attempt. According to a statement on Friday, Monte Paschi provides 23 new shares … Read more