Italy’s Paschi Stake Sale Is Step in Plan to Spur Bank M&A
Italian Prime Minister Giorgia Meloni moved forward with her plan to use the privatization of Banca Monte dei Paschi di Siena SpA to spur domestic banking consolidation as the latest share sale saw several national firms buy major stakes.
Italy is selling a 7% stake in Monte dei Paschi di Siena SpA, the latest step in an exhaustive restructuring drive that dates ...
ROME (Reuters) -Italy on Wednesday raised 1.1 billion euros ($1.16 billion) by selling 15% of bailed-out bank Monte dei ...
Banco BPM has bought a stake in Banco Monte dei Paschi di Siena from the Italian government, which on Wednesday night ...
A possible new force in Italian banking has begun to take shape, after regional lender Banco BPM SpA took a major stake in ...
Italian asset manager Anima said on Friday it appointed Goldman Sachs as financial adviser to assess an up to ...
In the wake of recent global market developments, U.S. stocks have rallied to record highs driven by expectations of economic growth and tax reforms following a significant political shift. As ...
Monte dei Paschi di Siena (MPS) jumped 9.5% after Italy sold a 15% stake in the bank to rival Banco BPM, which also ...
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