(Bloomberg) -- Italian lender Banca Monte dei Paschi di Siena SpA is exploring a potential deal for Mediobanca SpA, people with knowledge of the matter said. Monte Paschi is considering a move to ...

The bank that “no one wanted has put itself center stage.” The audacious move reflects the rapid turnaround of Monte Paschi in recent years under Chief Executive Officer Luigi Lovaglio.

The last time Banca Monte dei Paschi di Siena SpA bought another lender, it was the beginning of the road to collapse and nationalization. So when Paschi announced an unsolicited €13.4 billion ...

the person said, asking not to be named discussing private information. Representatives for Mediobanca and Monte Paschi declined to comment.

Monte Paschi is strategically focusing on wealth management and advisory services to increase its income, as the benefits of high interest rates begin to wane. This strategy appears to have been ...

Monte Paschi is offering 23 new shares for every 10 in Mediobanca, according to a statement Friday that confirmed an earlier Bloomberg report. That values the bank at €15.992 a share ...

Monte Paschi, Italy's oldest bank, has a market capitalization of about 9 billion euros, while Mediobanca’s market value is about 12.7 billion euros. Under the terms of the offer, Mediobanca ...

The bank that “no one wanted has put itself center stage.” The audacious move reflects the rapid turnaround of Monte Paschi in recent years under Chief Executive Officer Luigi Lovaglio. The proposal ...

Monte Paschi is mulling a move to gain full or partial control of Mediobanca, with an announcement potentially coming as soon as Friday, the authors note. Published first on TheFly – the ...

ROME, Jan 24 (Reuters) - Italy's government gave its backing on Friday to Banca Monte dei Paschi's (MPS) (BMPS.MI), opens new tab bid for merchant bank Mediobanca (MDBI.MI), opens new tab, as the ...

Monte Paschi is strategically focusing on wealth management and advisory services to increase its income, as the benefits of high interest rates begin to wane. This strategy appears to have been ...