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Siena, ITALY — Monte dei Paschi di Siena is holding firm on its plans to acquire Mediobanca for 13 billion euros ($14.3 billion) despite ongoing market turbulence, telling CNBC it will complete ...
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Formally called Banca Monte dei Paschi di Siena, it is widely known as the world’s oldest bank, founded in Siena in 1472. It was long a problem child, hamstrung by poor lending decisions ...
A global trade war kicked off by U.S. President Donald Trump and the ensuing market turmoil soured bankers' predictions for a robust start to a blockbuster year for deals on Wall Street.
MILAN, March 31 (Reuters) - Monte dei Paschi di Siena (BMPS.MI), opens new tab said on Monday execution risks in its proposed bid for Mediobanca (MDBI.MI), opens new tab would be minimal given the ...
In 2008, Monte dei Paschi di Siena entered complex derivatives deals with Deutsche and others. Italian criminal prosecutors later alleged that the transactions were designed to conceal losses from ...