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Bidding war underway for world's oldest bank, Italy's Banca Monte dei Paschi di Siena
Banca Monte dei Paschi di Siena has been operating for well over 500 years, and some Italian officials reportedly want to ensure it stays in Italian hands.
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faz.net
BPM und MPS: In Italien könnte ein neuer Bankenriese entstehen
Italienische Volksbanken streben nach der ältesten Bank der Welt: Die Banco BPM will Monte dei Paschi di Siena übernehmen. Der Wettbewerber Unicredit könnte in der Heimat somit…
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cnbc.com
Bidding war erupts for world’s oldest bank as Italy’s Intesa gatecrashes BPM offer
Intesa on Monday announced an unsolicited offer of $35.3 billion, hoping to usurp its rival and create Europe's second-biggest bank by market capitalization.
