Monte dei Paschi Makes $40 Billion Move to Buy Italian Peers Banco BPM, Banca Generali

Banca Monte dei Paschi di Siena said it is launching all-share bids for Italian peers Banco BPM and Banca Generali with a total value of $39.73 billion.

SpaceX Is Racking Up Wins in Washington

The Elon Musk-led rocket and AI company is landing lucrative contracts and benefiting from the Trump administration's deregulatory push.

Layoffs at JPMorgan Hit Highest Level Since 2015