Monte dei Paschi CEO Luigi Lovaglio said initial meetings with investors to explain the reasons behind its surprise bid for ...

MILAN (Reuters) -State-backed Monte dei Paschi di Siena (MPS) on Thursday posted a smaller than expected 5% quarterly drop in ...

The coupon increases from 0,25 to 0,86 euros per share, with a pay-out of 75% on pre-tax profit, corresponding to a dividend ...

Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday's losses, signalling lingering investor doubts over ...

However, the credit rating agency flagged risks Mediobanca could lose clients or staff given that MPS is perceived "as a ...

On Friday, MPS joined the consolidation wave sweeping Italian banking with a 13.3 billion euro ($13.96 billion) all-share ...

Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena , saying a ...

Tuscany’s bailed-out Monte dei Paschi had unexpectedly launched a 13-billion-euro all-share takeover proposal for Mediobanca.

Mediobanca rejected a €7bn takeover bid from MPS, calling it “destructive of value” and warning it would weaken its business ...

Mediobanca raises barricades and rejects MPS's takeover bid. The board of directors of Piazzetta Cuccia, meeting to examine Monte's proposal, takes three hours to reject the public exchange offer ...

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 ...

MPS is offering 23 of its own shares for every 10 Mediobanca shares tendered. Mediobanca shares were up fractionally by 0.3% after Friday's 7.7% jump. Italy's banking index rose 0.3%.