The CEO of Monte dei Paschi di Siena (MPS) affirmed the bank's integrity, responding to Premier Meloni's concerns about a potential 'dismemberment' amidst a takeover bid by Intesa Sanpaolo.

The CEO of Monte dei Paschi di Siena (MPS), Luigi Lovaglio, stated that the bank's board is evaluating all options, including proposals from Banco BPM and Intesa Sanpaolo, in the interest of all stakeholders.

Intesa's offer for Banca Monte dei Paschi di Siena (MPS) will lead to significant changes for customers, with Unipol acquiring 635 branches and the Bper brand potentially disappearing as the new entity will be named Banca Monte dei Paschi.

The Italian Parliament is holding hearings regarding chat communications between politicians and the Ministry of Economy concerning Monte dei Paschi di Siena (MPS), with a decision expected today on examining a director's phone.

The former director general of Bankitalia, Fabrizio Rossi, commented on the Monte dei Paschi di Siena (MPS) situation, attributing the 'sovereign savings' reversal to fears from the ECB and investment funds, as well as Delfin's disaffection with the government's plan for a national financial hub. He also touched upon the Capitali law aimed at making Italian governance rules more friendly.

Monte dei Paschi di Siena (MPS) has dismissed its general manager, Luigi Lovaglio, for 'just cause,' a week before the assembly to elect a new board and following the revocation of his powers on March 25.

Monte dei Paschi di Siena (MPS) has revoked CEO Luigi Lovaglio's powers after he challenged a plan to replace him, following earlier reports that he was nearing resignation amid ongoing board conflict.

The boards of Italian banks Monte dei Paschi di Siena (MPS) and Mediobanca have approved their merger, with Mediobanca's brand set to be retained and its stake in Generali maintained.

(ANSA) - ROME, FEB 27 - The Italian government's role in Tuscan lender Monte dei Paschi di Siena (MPS) is over, Premier Giorgia Meloni told Bloomberg Friday. Meloni, interviewed by Bloomberg, declared that "the government's role is over," noting that its remaining 4.9% stake "clearly does not give us the ability to exercise significant influence over governance" and that "it will not participate in the appointment of the new administrative and supervisory bodies." On the stock market, MPS sto...

The head of Monte dei Paschi di Siena (MPS) has voiced strong opposition to a takeover bid from Intesa Sanpaolo, particularly after MPS reported robust financial results.

The Italian government maintains a neutral stance on Intesa SanPaolo's potential bid for Banca Monte dei Paschi di Siena (MPS), according to Minister Giorgetti. The government is not taking a position on the proposed acquisition.

The chief of Monte dei Paschi di Siena (MPS) is reportedly considering selling the bank's stake in Generali, with the proceeds intended to help fund a potential merger with Banco BPM.

Shareholders of Italian bank Monte dei Paschi di Siena (MPS) voted for the list presented by Plt Holding of Tortora, leading to the victory of CEO Lovaglio's list with support from Delfin and Banco Bpm.

The stock of Monte dei Paschi di Siena (MPS) has fallen by a fifth this year, double the decline of the European banking index, raising concerns about the bank's stability.

Italy's Monte dei Paschi di Siena (MPS) has selected Fabrizio Palermo to serve as its new chief executive.

Italian Prime Minister Giorgia Meloni stated that the government's role in the recovery of Monte dei Paschi di Siena (MPS) bank is complete, implying no further involvement in future governance decisions.

Banca Monte dei Paschi di Siena (MPS) is reportedly considering an offer for Banca Popolare di Milano (BPM) as a strategy to avoid a potential takeover by Intesa Sanpaolo, possibly involving Crédit Agricole.

Italy's Economy Minister Giorgetti addressed the Senate regarding the Monte dei Paschi di Siena (MPS) operation, stating that the 'golden power' committee will evaluate Intesa's offer and confirming the Treasury's plan to sell its stake in MPS.

Italian bank Monte dei Paschi di Siena (Mps) announced a first-quarter 2026 profit of 521 million euros, surpassing analyst expectations and showing growth from previous figures.

Italian Minister Giorgetti expressed satisfaction and pride in the government's role in rehabilitating Monte dei Paschi di Siena (MPS) bank, noting the agreement with the European Commission.

Delfin, the holding company of the Del Vecchio family, is reportedly considering voting in favor of the Lovaglio list for Monte dei Paschi di Siena (MPS).

Italy's market watchdog, Consob, has reportedly deemed all proposed board slates for Monte dei Paschi di Siena (MPS) as fully legitimate.

A third list of candidates for the board of directors has emerged for Monte dei Paschi di Siena (MPS), with Plt Holding's move bringing former CEO candidate Lovaglio back into the running.

(ANSA) - ROME, FEB 27 - The Italian government's role in Tuscan lender Monte dei Paschi di Siena (MPS) is over, Premier Giorgia Meloni told Bloomberg Friday. Meloni, interviewed by Bloomberg,…