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Top Italian insurer Assicurazioni Generali is interested in replacing French peer AXA as a partner for Monte dei Paschi di Siena and in expanding commercial deals with UniCredit , its chief executive said.
Four former Deutsche Bank employees are seeking more than 600 million pounds ($800 million) in damages from Germany's largest lender in a case involving Italian bank Monte dei Paschi, Deutsche Bank disclosed in an annual report on Thursday.
Lovaglio has been at the helm since early 2022, steering the bank through its return to profitability and its hostile takeover of Mediobanca.
The board of Monte dei Paschi di Siena on Wednesday voted against keeping CEO Luigi Lovaglio in the job after his mandate ends in April, two people with knowledge of the matter said.
Monte dei Paschi di Siena has received European Central Bank approval for new by-laws that allow outgoing directors to present a slate of candidates to name a new board, two sources close to the matter said.
Monte dei Paschi di Siena is expected to finalise later on Wednesday a slate of nominees to appoint a new board that doesn't include current Chief Executive Luigi Lovaglio, a person close to the matter said.
Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF - Get Free Report) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 12,625,364 shares, an increase of 34.9% from the January 29th total of 9,355,731 shares. Based on an average daily trading volume, of
The bank said it expects to complete the Mediobanca integration this year and has guided for revenue to grow 4.6% annually to reach €9.5 billion by 2030.
Italy's Monte dei Paschi di Siena said on Friday it would complete the merger with Mediobanca by the end of the year and aim to reach a profit of 3.7 billion euros ($4.4 billion) for the combined group in 2030.
Shares in Mediobanca rose after majority-owner Banca Monte dei Paschi di Sienna said it would delist the Italian investment bank from Milan's stock exchange.
Monte dei Paschi di Siena (MPS) will take full control of Mediobanca and delist it while preserving its brand, ending weeks of uncertainty over the future of the merchant bank.
Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF - Get Free Report) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 9,355,731 shares, a growth of 22.3% from the January 15th total of 7,649,430 shares. Based on an average daily
Banca Monte dei Paschi di Siena S.p.A. (BMDPF) Q4 2025 Earnings Call Transcript
Quarterly net profit was €1.35 billion compared with €384.9 million in the year-earlier period, when its results didn't include Mediobanca.
Italy's Monte dei Paschi di Siena on Tuesday posted a 1.35-billion-euro ($1.6 billion) net profit for the last quarter of 2025, boosted by tax credits it was able to tap after acquiring Mediobanca.
Monte dei Paschi di Siena (MPS) said on Wednesday it had approved rules allowing all of its directors to take part in the process of drawing up a list of candidates for a renewal of the bank's board.
Italy's Treasury is in favour of reappointing Luigi Lovaglio as Chief Excutive of Monte dei Paschi di Siena (MPS) , two sources familiar with the matter said, at a critical juncture for the bailed-out Tuscan lender.
Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPF - Get Free Report) saw a large decrease in short interest in December. As of December 31st, there was short interest totaling 7,298,735 shares, a decrease of 29.6% from the December 15th total of 10,373,383 shares. Based on an average daily volume of 970 shares, the short-interest
Delfin on Friday ruled out ongoing talks to sell its Monte dei Paschi stake, closing ranks around CEO Luigi Lovaglio as speculation over a potential approach from UniCredit for the bank drives shares higher.
Shares in Italy's Monte dei Paschi di Siena rose on Monday, lifted by a weekend report that markets regulator Consob found no evidence of a secret accord among the bank's top shareholders to seize control of Mediobanca.