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 of €262.8 million.

State-backed Monte dei Paschi di Siena on Thursday posted a smaller than expected 5% quarterly drop in net income due to ...

UniCredit has been involved recently in a flurry of dealmaking activity, including a bid for Banco BPM and a raised stake in ...

Moody’s Ratings sees some potential risks for Mediobanca SpA in a possible combination with Banca Monte dei Paschi di Siena SpA, which made a hostile bid for the larger Italian bank a week ago.

However, the credit rating agency flagged risks Mediobanca could lose clients or staff given that MPS is perceived "as a weaker and less specialised peer" in corporate investment banking and wealth ...

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 ...

Generali on Thursday promised shareholders more than 8.5 billion euros ($8.9 billion) in dividends and share buybacks under a ...

MILAN (Reuters) - Milan mayor Giuseppe Sala on Wednesday sided with Mediobanca (OTC: MDIBY) in a takeover battle launched by ...

Italian investment bank Mediobanca has dismissed Banca Monte dei Paschi di Siena’s (MPS) takeover proposal, citing lack of industrial and financial rationale. This decision was made following a ...

It is a fictional representation created for illustrative purposes only. Mediobanca has turned down a surprise 13.3 billion-euro acquisition proposal from Monte dei Paschi di Siena, labeling the offer ...

Monte dei Paschi, Italy's oldest bank, launched a 13.3 billion-euro ($13.9 billion) takeover bid last week for larger Milan-based peer Mediobanca that aims to reshape the Italian banking sector.

MILAN (AP) — Italian bank Mediobanca on Tuesday rejected a surprise takeover attempt by domestic rival Monte dei Paschi di Siena. Mediobanca said in a statement that the offer “is devoid of ...