A possible new force in Italian banking has begun to take shape, after regional lender Banco BPM SpA took a major stake in ...

A little over a week ago, Italian Finance Minister Giancarlo Giorgetti approached some of the country’s wealthiest investors ...

Italy has begun to pave the way for a third big banking group in the country by selling a chunk of state-owned Monte dei ...

Italy on Wednesday raised 1.1 billion euros ($1.16 billion) by selling 15% of bailed-out bank Monte dei Paschi di Siena , ...

Italy is selling a 7% stake in Monte dei Paschi di Siena SpA, the latest step in an exhaustive restructuring drive that dates ...

Italian state-controlled bank Monte dei Paschi di Siena on Friday hiked its profit goal for the year after reporting a larger ...

The Italian government cut its shareholding in Banca Monte dei Paschi di Siena by 15%, in a transaction that raised 1.09 billion euros ($1.16 billion) and allowed peers Banco BPM and Anima Holding to ...

Italy’s government said Wednesday that it sold a stake of 15% in Banca Monte dei Paschi di Siena SpA via a placement for about €1.1 billion.

Investing.com - Shares in Banca Monte dei Paschi di Siena (BIT: BMPS) surged after Italy sold 15% of its stake in the ...

General view of a branch of Monte dei Paschi di Siena (MPS), the oldest bank in the world, which is facing massive layoffs as part of a planned business merger, in Siena, Italy, August 11 2021.

The 15% stake sold by Rome in Paschi went to Banco BPM SpA, which got 5%, and Anima Holding SpA with 3%, according to statements from the firms. Caltagirone Group bought 3.5% and so did the family of ...