Italy’s Monte dei Paschi says ECB has approved Mediobanca takeover
Integration plan due within six months of deal will detail funding strategies as well as IT and cyber security risks
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

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

MPS vote boosts chief Luigi Lovaglio before his three-year term expires in April

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

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

The proceeds would help fund tie-up between Monte dei Paschi di Siena and Banco BPM