Italy’s Monte dei Paschi sale sparks EU scrutiny after global investors sidelined
UniCredit, Norway’s oil fund and BlackRock were among investors wanting shares in process run by small local bank
UniCredit, Norway’s oil fund and BlackRock were among investors wanting shares in process run by small local bank

Sale of Monte dei Paschi di Siena shares shows European governments are keen to retain control of key assets

Luigi Lovaglio served with notice by Milan prosecutors in probe linked to Mediobanca takeover

Monte dei Paschi di Siena’s board stripped Luigi Lovaglio of his powers, setting up a fight for its leadership

Integration plan due within six months of deal will detail funding strategies as well as IT and cyber security risks

Lender backed by Italian state is close to securing majority support for its audacious takeover bid

Board’s proposed new leader Fabrizio Palermo may not meet regulator’s approval