Italian bank Monte dei Paschi di Siena has announced it is launching a 13.3 billion euro takeover bid for larger peer ...

The situation is made more complex by key shareholders in the banks involved owning stakes in other lenders as well as ...

MILAN (Reuters) -Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early ...

The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would ...

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