MILAN (Reuters) -State-backed Monte dei Paschi di Siena (MPS) on Thursday posted a smaller than expected 5% quarterly drop in ...

The coupon increases from 0,25 to 0,86 euros per share, with a pay-out of 75% on pre-tax profit, corresponding to a dividend ...

MILAN (Reuters) -Monte dei Paschi CEO Luigi Lovaglio said initial meetings with investors to explain the reasons behind its ...

Shares in Monte dei Paschi (MPS) fell again on Monday, extending Friday's losses, signalling lingering investor doubts over ...

Monte dei Paschi di Siena (MPS) closed 2024 with a net profit of 1.95 billion euros, down by 4.9% compared to the 2.05 million recorded in 2023, according to a statement issued on Thursday. Net profit ...

Three tsunamis in ten days (Trump 2.0, the Chinese challenge on Artificial Intelligence, and the MPS takeover of Mediobanca ...

However, the credit rating agency flagged risks Mediobanca could lose clients or staff given that MPS is perceived "as a ...

Italian bank Mediobanca on Tuesday rejected a takeover offer by state-backed rival Monte dei Paschi di Siena , saying a ...

MPS shares were down 1.6% by 0820 GMT, having fallen 2% on Monday and 7% on Friday. Based on the proposed exchange ratio, ...

Mediobanca rejected a €7bn takeover bid from MPS, calling it “destructive of value” and warning it would weaken its business ...

CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy's Treasury picked him ...

MPS is offering 23 of its own shares for every 10 Mediobanca shares tendered. Mediobanca shares were up fractionally by 0.3% after Friday's 7.7% jump. Italy's banking index rose 0.3%.