Bid Discount Indicates Scepticism Over MPS Bid for Italian Rival Mediobanca
ROME (Reuters) - Shares in Italy's Mediobanca and Monte dei Paschi (MPS) fell at market open on Monday, extending Friday's losses, after the state-backed lender launched a surprise 13.3-billion-euro ...
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How Italy's MPS Went From Near Collapse to Bid for Revered Merchant Bank
MILAN (Reuters) -Monte dei Paschi (MPS) CEO Luigi Lovaglio has pulled several all-nighters since arriving in Siena in early 2022, when Italy's Treasury picked him out to revive the fortunes of the ...
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MPs demand answers from banks on IT failures after Barclays outage
The Treasury Select Committee has written to the chief executives of the UK’s top banks to ask for information on the scale ...