Formally called Banca Monte dei Paschi di Siena, it is widely known as the world’s oldest bank, founded in Siena in 1472. It was long a problem child, hamstrung by poor lending decisions ...

Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer Mediobanca in a surprise move that could reshape the country’s banking ...

Italy's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro ($13.95 billion) all-share takeover offer for larger domestic peer Mediobanca. Shares of Monte dei Paschi (MPS ...

ByReuters • Jan 11, 2017 Euro zone banking watchdog says not concerned over EU rules in Monte Paschi rescue BRUSSELS (Reuters) - The head of the euro zone banking watchdog said on Wednesday she ...

Italy’s Banca Monte dei Paschi di Siena’sBMPS1.64%increase; green up pointing triangle surprise buyout offer for peer Mediobanca MB 1.14%increase; green up pointing triangle on Friday garnered ...

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.

(Bloomberg) -- Banca Monte dei Paschi di Siena SpA made a surprise offer to acquire larger rival Mediobanca SpA in a deal valued at €13.3 billion ($13.9 billion), adding a new twist in a series ...

Barclays analyst Paola Sabbione maintained a Buy rating on Banca Monte dei Paschi di Siena SPA (0RK6 – Research Report) today and set a price target of €8.00. The company’s shares closed ...

MILAN (Reuters) -State-backed Monte dei Paschi di Siena on Friday joined the consolidation wave sweeping Italian banking with a surprise 13.3 billion euro ($14 billion) all-share offer to buy ...

Investing.com -- Shares in Monte dei Paschi (MPS) fell again on Tuesday following the announcement of a surprise takeover bid for Mediobanca (OTC:MDIBY). MPS revealed a buyout bid ...