Banca Popolare di Sondrio shares jumped Friday while BPER Banca shares slumped more than 8% on news of the bid.

By Andrea Mandala and Valentina Za MILAN (Reuters) -BPER Banca's CEO on Friday said its 4.3 billion euro ($4.5 billion) ...

Italy’s finance chief and BlackRock Inc.’s top officials met on Thursday, discussing several topics including the takeover ...

The latest unsolicited bid in Italian banking follows similar moves by UniCredit on Banco BPM and state-backed Monte dei ...

Italy's Banca Mediolanum on Thursday posted a 36% rise in annual net profit to a record 1.12 billion euros ($1.16 billion) for 2024.

Italy's fourth-largest bank BPER on Thursday joined in a raft of takeover bids rocking the country's financial sector, with a ...

The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would create Italy’s third-largest entity in the sector.

The surprise move is the latest amid a wave of consolidation in the country’s banking industry in recent months and would ...

The Mediobanca takeover is far from a done deal — Paschi says its offer was at a 5% premium to Mediobanca’s share price ...

The Milan-based bank called the stake a “pure financial investment”, emphasising it has no strategic interest in the insurer.

Italy will support Banca Monte dei Paschi Siena’s (BMDPF) bid to take over Mediobanca (MDIBY), believing a successful move would benefit the ...

Italy will support lender Banca Monte dei Paschi Siena SpA’s bid to take over larger rival Mediobanca SpA, saying a successful move would benefit the country’s economy.