Italy’s banking landscape is heading for another major round of consolidation. Monte dei Paschi di Siena wants to acquire both Banco BPM and Banca Generali. The two offers have a combined value of around 34 billion euro – and also form part of a defensive battle against ...

The board of Italy's third-largest and the world's oldest bank, Monte dei Paschi di Siena (MPS), was on Thursday weighing CEO Luigi Lovaglio's proposals for two potential…

CEO Luigi Lovaglio's plan aims to bolster MPS and fend off Intesa Sanpaolo's 30.5-billion-euro Opas. Approved with nine votes in favour and four abstentions.